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Jarsteinen AS Makes Strategic Moves in Solstad Holdings

Jarsteinen AS Makes Strategic Moves in Solstad Holdings

Solstad Offshore ASA (SLOFF) has released an update.

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Jarsteinen AS has engaged in significant financial activity with Solstad Maritime Holding AS (SMH), exercising subscription rights worth approximately NOK 56 million and selling rights for NOK 31.85 million, impacting SMH and its close affiliate, Solstad Offshore ASA (SOFF). The company, closely associated with SOFF insiders, now holds a 1.0% stake in SMH and indirectly retains substantial influence in SOFF.

For further insights into SLOFF stock, check out TipRanks’ Stock Analysis page.

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