July 7 (Reuters) - Norwegian oil and gas firm Equinor ASA on Sunday said it will divest its 16% shareholding in Lundin Petroleum AB for about $1.56 billion.
Equinor will sell about 54.5 million shares it holds in Lundin at a price of 266.4 crowns ($28.22) per Lundin share. This represents a discount of about 9.6% to Lundin’s last close on Friday.
The company will also acquire a 2.6% direct ownership share in the Johan Sverdrup field for a cash consideration of $910 million, it added. ($1 = 9.4412 Swedish crowns) (Reporting by Shubham Kalia in Bengaluru, Editing by William Maclean)