News

On 27 May 2026, the Norwegian Competition Authority announced that it was launching a sector inquiry into banking services. The inquiry will focus on the level of competition between banks, including in relation to conditions for deposits and residential mortgages. In its press release, the Authority emphasised the importance of ensuring effective competition in a market with such major implications for consumers, noting that even small differences in interest rates may amount to several thousand Norwegian kroner per year for an individual household.

We advised the shareholders of Rollover AS in connection with Hasko Invest AB (publ)’s acquisition of a majority stake in the company.

With effect from 1 January, Fredrik Berg is joining Arntzen Grette as a partner. With specialist expertise in financial crime and corporate criminal liability, he strengthens the firm’s offering in governance, risk management and compliance. In addition to financial crime and corporate criminal liability, this practice area includes data protection and cyber security, ESG, compliance and investigations, anti-money laundering, and sanctions and export control.

We have advised Nordlaks on the development, construction and commissioning of its new offshore tank, Storbåtsegget. This is Nordlaks’ first semi-closed aquaculture facility, which has now arrived in Vesterålen after a three-week voyage from the shipyard in Turkey.

The Court of Appeal’s judgment in the climate case against the State requires the PDO approvals for three major North Sea fields to be reconsidered due to inadequate climate impact assessments. Although the developments are not temporarily suspended, the judgment clarifies key requirements for the assessment of combustion emissions under Norwegian law, EEA law and the ECHR.

Pandion Energy has completed the sale of its participating interests in the Valhall and Hod fields, as well as the Slagugle and Mistral discoveries, to INPEX Idemitsu Norge AS. Arntzen Grette advised Pandion Energy in the transaction, which represents an important step in the company’s active portfolio management strategy and continued growth.

Arntzen de Besche and Grette have merged. As a new firm, we stand even stronger – with broader expertise, more perspectives, and greater capacity to deliver results for our clients.

We are proud to have advised KPMG Norge on the sale of part of its business to the newly established audit firm Cedra Norge (backed by Adelis Equity). The agreement covers ten offices primarily providing audit and advisory services to small and medium-sized clients, with around 220 employees transferring to Cedra.

The gender pay gap in the EU remains at around 13–14%, with little progress over the past decade. In Norway, the gap is approximately 12%, and the differences become even more pronounced when looking at overall income and pension accrual. According to the EU, a large reason for this persistence is the lack of pay transparency: without insight into how salaries are determined, employees cannot easily detect or challenge unfair differences.

We are pleased to have advised Falk (and Flakeblikk Holding) in connection with its sale to GOT YOUR BACK (GYB), a Nordic provider of fund administration, compliance and corporate services. The transaction marks GYB’s entry into the Norwegian market and creates one of the largest independent providers of fund administration and compliance services to alternative investment funds and UCITS managers in the Nordics.

We are pleased to have assisted Pandion Energy in its agreement with INPEX Idemitsu Norge AS to divest interests in the Valhall and Hod fields, as well as the Slagugle and Mistral discoveries on the Norwegian Continental Shelf. The transaction covers seven production licenses.