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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Kvaerner Asa | LSE:KVR | London | Ordinary Share | NO0004684408 | ORD NOK12.50 |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 0.00 | - |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
RNS Number:1925M Kvaerner ASA 26 October 2001 Kvaerner's liquidity LONDON, 26 OCTOBER 2001: Kvaerner, the Anglo-Norwegian engineering and construction Group, today said that following its statement of the 25 October, the Company is working intensively to resolve its requirement for short-term liquidity. Among a number of initiatives, there are positive measures ongoing with Kvaerner's largest shareholder, Yukos Oil, to advance the completion of a binding sale agreement in respect of Kvaerner Hydrocarbons and Kvaerner Process Technology. Should it be completed, this will have an immediate and positive effect upon Kvaerner's liquidity. On 22 October, Kvaerner announced that it had signed a preliminary agreement with Yukos for the sale of these businesses. If Kvaerner is unable to find a solution before Monday 29 October, a critical liquidity situation will develop for the Group. For further information: Paul Emberley, Vice President, Group Communications, Kvaerner PLC: +44 (0)20 7339 1035 or +44 (0)7768 813090 or paul.emberley@kvaerner.com
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