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ARTICLE · 21 MAY 2025

Norway Bulletin 2025

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We are pleased to present the Conyers Norway Bulletin for 2025. This edition highlights key developments impacting Bermuda-incorporated companies in the Norwegian market over the past year.

GlobalCorporate/Commercial Law
Marcello Ausenda
Marcello Ausenda
Guy Cooper
Guy Cooper
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We are pleased to present the Conyers Norway Bulletin for 2025. This edition highlights key developments impacting Bermuda-incorporated companies in the Norwegian market over the past year.

The Euronext Oslo Børs demonstrated resilience and adaptability in 2024 against geopolitical uncertainty and macroeconomic pressures. Market activity can best be described as cautious, yet stable: transaction volumes recorded a modest increase, although overall deal values declined in the absence of landmark transactions seen in previous years.

Private equity activity accounted for 18% of Norwegian overall deal-making in the Norwegian market, with firms remaining well-capitalised and increasingly investing alongside industrial owners. IPO activity was subdued. The 19 listings largely comprised uplistings from other trading venues or direct listings without public offerings. Public Property Invest ASA's (OB:PUBLI) US$272 million IPO in April 2024 was the year's sole

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