Norges Bank increases shareholding in Dialog Axiata

Feb 17, 2016 (LBO) – Norges Bank has increased its shareholding in Dialog Axiata PLC to 63.7 million shares as of end December, data filed with the Colombo Stock Exchange shows.

Norway’s Norges Bank, which manages the world’s biggest sovereign wealth fund, is now the sixth biggest shareholder in telecommunications company Dialog with a 0.8 percent stake.

The shareholding is up from 28.7 million shares as of end September.

Norges Bank Investment Management has close to a 800 billion dollars invested in global assets, a fund built from the country’s oil revenues.