UK fund Artemis Investment Management has increased its stake in Borr Drilling in a recent $650m share sale.
The Oslo-listed rig company said Artemis bought 11.25m shares on 9 October.
This gives it a total of 19.7m, or 6.25%.
The holding is worth NOK 368m ($46.5m) based on Wednesday's share price of NOK 32.70.
The equity issue was prompted by a $1.3bn
