Norwegian government scheme slashes Tesco holding

Stephanie Baxter
clock • 1 min read

Tesco's largest shareholder, the Norwegian government pension fund, has offloaded a large proportion of its holding in the supermarket.

The £570bn scheme, which is run by Norges Bank Investment Management, sold 27 million shares during December to bring its ownership of the UK retailer below 6%, according to The Sunday Times. It ha...

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