Originally Posted by
racedo
Norwegian Oil fund is worth 40% (and that was 6 months ago) of the size of whole UK economy.
Norway is allowed take $3 Billion a year from that as cash.
It could buy IAG in its Investment portfolio and it would seen as a minor investment.
The size of the Norwegian Sovereign Oil fund is irrelevant, they cannot cash it in tomorrow and it is not comparable to the size of the UK economy.
Who is to say that the find would actually want to invest in Norwegian? Throwing money around to support struggling companies is not something that investment funds do unless they can see a financial return, a proper business plan and a management team that can pull it off. I don't remember many political investments by the Norwegian Oil fund but I maybe wrong.
On the other hand, IAG can see clear synergies, it has a track record of running a financially successful airline and can also offer Kros an exit with the promise that the brand he has established will be preserved within the IAG stable.