Statoil seeks to raise up to $ 853 million in unit fuel supply for the initial actions

Statoil ASA, Norway’s largest oil and gas company, aims to raise between 3.84 billion kroner and 4.92 billion kroner by selling shares in its gas station and transport fuel unit.

Statoil will offer for sale up to 120 million shares and the shares will be offered for sale at a price between 32 kroner and 41 kroner apiece.
To contact the editor responsible for this story: Meera Bhatia at mbhatia2@bloomberg.net
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