Norwegian shipping investor Kristian Siem bought the childhood home of bankrupt former billionaire and shipping heir Petter Olsen for a bargain price, it has been revealed.
The deal by Siem company Langveis for the property, also called Langveis, in Baerum municipality was part of a purchase of the Olsen bankruptcy estate.
A licence application sent by the Siem company to the council showed that the purchase price was NOK 35m ($3.1m),