Aker ASA (OB:AKER) signed a letter of intent to acquire remaining 49% stake in Norron AB on January 18, 2024. The fund management business in Norron will be coordinated with Aker?s other investment in asset management named Industry Capital Partners (ICP). The two fund management businesses will be coordinated in a new company with the working name ICP Norron.

The staff will be offered the opportunity to reinvest in the new company in order to maintain an ownership incentive for operational partners in the company. Prior to the transaction, Aker ASA (OB:AKER) held 51%. The deal is subject to approval by the authorities.