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DNB Bank Explores Trimming Nearly 25% Stake in Vow ASA

MT Newswires·12/16/2025 13:11:03
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01:11 PM EST, 12/16/2025 (MT Newswires) -- DNB Bank (DNB.OL) is looking to halve its 24.59% stake in Vow ASA (VOW.OL) through an accelerated bookbuilding offering, according to a Tuesday release. The seller, which attributed the plan to a natural rebalancing of its overall targeted exposure, will potentially sell 35,823,328 shares, or a 12.29% stake in the Norwegian pyrolysis technology and waste-to-resource systems company. Pricing is scheduled for Wednesday. DNB Carnegie was retained as the sole bookrunner of the transaction.