| Norway would probably spend billions of dollars to maintain its stake in Yara International ASA (YAR) if a merger being discussed occurs with CF Industries Holdings Inc., parties representing a majority of Norway’s parliament said. “That’s totally unproblematic,” Oeyvind Korsberg, the Progress Party spokesman for trade, said. “The state is overflowing with money, we’re injecting money in businesses abroad through our sovereign wealth fund. So access to capital is the least of our problems.”
The Norwegian state owns about a third of the shares listed on the Oslo stock exchange, and has also built an $850 billion sovereign wealth fund, the world’s biggest, from taxes and interests in oil and gas production...............................................Full Article: Source
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