Akastor ASA: Aker Kværner Holding approves Akastor real estate transaction


Reference is made to Akastor ASA and Aker ASA's announcements dated 9 November 2015 regarding the sale of eight industrial properties from Akastor to Aker. The Board of Directors of Aker Kvaerner Holding today approved Akastor's divestment of the properties, valued at NOK 1 243 million. The transaction is expected to close in the fourth quarter of 2015.

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For more information, please contact:

Tore Langballe
Head of Communications and Investor Relations
Tel: Office: +47 21 52 58 10
Mobile: +47 90 77 78 41
E-mail: tore.langballe@akastor.com