Wilh Wilhelmsen ASA shares sparkled in early Oslo trading after plans for a new spin-off received a warm welcome.
The shipowning and logistics company saw its market value rise by close to one fifth following news that its $765m holding in Glovis would be kept in a new company christened Treasure.
Analysts at DNB Markets were quick to applaud the move, suggesting WW ASA shares could rise by 50% this week and 100% by June.
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