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Norway’s $800 bln Oil Fund Invests in Boston Tower


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Norway’s $800 bln Oil Fund Invests in Boston Tower

Business

Category: Financial / Investment

The fund, commonly known as the oil fund, purcahsed its stake from an affiliate of Beacon Capital Strategic Partners V, L.P. for a net price of $238 million, it said in a statement.

MetLife, which will manage the property, meanwhile purchased 2.5 percent, bringing its total holding to 52.5 percen, the oil fund added.

Source: Reuters

Published: December 3, 2022