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AutoStore, Norway's biggest IPO in two decades, valued at $12.4bn

Norwegian robotics firm AutoStore said on Wednesday it had priced its initial public offering (IPO) at 31 Norwegian crowns per share, the top of its target range, valuing the company at 103.5 billion crowns ($12.4 billion). SoftBank-backed AutoStore will be Norway's most valuable new listing for two decades when it goes public on Euronext's Oslo Stock Exchange later on
Thomash Lee Sundal Collier Alecta Pensionsforsakring Morgan Stanley Euronext Oslo Stock Exchange Bank Backed Autostore

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Petronas says proposed Azerbaijan business sale to LUKOIL follows portfolio review to ensure 'better fit' in growth strategy

Petroliam Nasional Bhd (Petronas) confirmed on Friday the company has reached an agreement with LUKOIL for the proposed sale of Petronas' Azerbaijan business interests which include Petronas' entire 15.5% stake in the Shah Deniz natural gas project in the Azerbaijan sector of the Caspian Sea for US$2.25 billion (about RM9.41 billion) following Petronas' continuous review of its business portfolio to ensure a better fit in its growth strategy in the increasingly evolving energy lan...
Kuala Lumpur Caspian Sea Oceans General Petroliam Nasional Bhd Petronas Shah Deniz Lambert Energy Advisory Ltd

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