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Hans-Jørgen Wibstad

Norwegian State Acquires Stake in Airline Through Loan Conversion

The Norwegian state is converting a loan given to the airline Norwegian into shares and is thereby becoming a part-owner of the company. The Norwegian state a loan during the pandemic and instead of paying back the entire loan, Norwegian is giving the state an ownership share, writes NRK.
Norwegian State Acquires Stake in Airline Through Loan Conversion
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