May 14, 2020 / 12:19 PM / 19 days ago

Saudi Arabia's wealth fund holds 0.3% stake in Norway's Equinor

OSLO (Reuters) - Saudi Arabia’s sovereign wealth fund, the Public Investment Fund (PIF), holds a 0.3% stake in oil and gas firm Equinor, the Norwegian firm’s public records showed ahead of Thursday’s annual general meeting of shareholders.

The stake, worth 1.5 billion Norwegian crowns ($146 million), makes PIF the 19th biggest owner. The Norwegian government owns 67% of Equinor.

Reporting by Nerijus Adomaitis, editing by Terje Solsvik

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