Norway's Minister of Trade and Industry Trond Giske Friday
sought parliamentary approval to sell the government's 14.3% stake
in Scandinavian airlines SAS AB (SAS.SK).
The minister also requested approval to sell the Norwegian
government's stakes in Secora AS and Entrea Eiendom AS.
"We want to sell the state's ownership in SAS, we want to sell
Secora and we no longer see the reason why the state should have an
ownership in Entrea," he said at a press conference in Oslo.
Giske also said he wants parliament to give the state the right
to participate in potential equity increases in part-owned
Kongsbergs Gruppen ASA (KOG.AS) and Yara International ASA
(YAR.OS).
Norway, Sweden, Denmark and Finland together hold a combined 50%
ownership in SAS.
At 1024 GMT, SAS shares traded 4.6% lower at SEK21, while shares
in Yara traded 0.9% higher at NOK282.70 and shares in Kongsbergs
Gruppen traded 1.6% higher at NOK156.
-By Katarina Gustafsson, Dow Jones Newswires +46-8-5451-3097;
katarina.gustafsson@dowjones.com