FREDRIKSEN BUING SEADRILL
Billionaire investor John Fredriksen is considering buying more shares in oil rig operator Seadrill after the stock's sharp fall this year, Norwegian business daily Finansavisen reported on Monday.
"Seadrill is the most important company in the John Fredriksen group," he told the paper." That's the company I will spend the most time and energy on in the time to come, and buying more shares is under consideration given the latest share price developments."
Seadrill, the world's biggest oil rig firm by market capitalisation, has struggled this year and its shares are down 26 percent since the start of the year,…
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