Aker Solutions plans merger, spin-ofs for transition

摘要

Norwegian oil service frm Aker Solutions plans a major strategic overhaul to better position itself for the transition to a low-carbon energy system. The shake-up will see it merge with domestic peer Kvaerner, spin of its ofshore wind and carbon capture businesses and install a new chief executive. Kvaerner’s shareholders are expected to receive an ownership interest of 43-53pc in the enlarged frm, which will retain the name Aker Solutions. Norwegian billionaire Kjell Inge Rokke is a controlling shareholder in both frms.