Oslo/London — Norway has suspended a planned asset sale by engine maker Rolls-Royce to a Russian-controlled company as it assesses the security implications for the country’s navy, the justice ministry said on Tuesday.

Norway’s NSM security agency is assessing the €150m sale of Bergen Engines to a company controlled by Russia’s TMH Group, the ministry said...

Subscribe now to unlock this article.

Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).

There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.

Cancel anytime.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.