- Norway is readying a proposal targeting asset sales that the government has signaled will include Statoil (STO), as the state loosens its grip on private enterprise.
- The government next fall will submit a report outlining which companies it will reduce its stakes in and how it will conduct the sales, Norway's industry ministry says.
- Prime Minister Erna Solberg has said the government would seek to cut its STO stake to 51% from 67%.