Norwegian tycoon Oystein Stray Spetalen will make an offer for the shares he does not own in Oslo-listed shipping investment company SD Standard ETC.
The Cyprus-headquartered operation said in a filing that Saga Pure, controlled by Spetalen, has acquired 13m more shares in Standard ETC at an average price of NOK 1.64 each, for a total outlay of NOK 21.32m
