OSLO, Feb 21 (Reuters) - Investors Tor Olav Troeim and Celina Midelfart have sold their stakes in Norwegian insurer Storebrand, they said on Wednesday.
Troeim’s Drew Holding sold 10 million shares while Midelfart Capital sold 3 million shares, corresponding to a combined stake for the couple of 2.8 percent of Storebrand’s shares.
The shares were sold at 68.15 Norwegian crowns each, for proceeds of 886 million Norwegian crowns ($112.85 million).
Haakon Fure has represented both Drew and Midelfart Capital on Storebrand’s board since September of 2015, the companies said. ($1 = 7.8512 Norwegian crowns) (Reporting by Terje Solsvik, editing by Ole Petter Skonnord)