The sale, which is intended to free up capital for Aker, reduces its stake in Aker Yards to 40.1%.

"The limited share divestiture is part of an overall strategic plan to free up liquidity, strengthen Akers' balance sheet and increase its financial clout for further industrial moves," Aker chief executive Leif-Arne Langoey said.

"Aker also achieves a more balanced portfolio of industrial investments," he added.

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