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March 13, 1988

NORSK DATA UP ON BID GOSSIP

By CBR Staff Writer

Norsk Data A/S shares jumped 7.9% in heavy trading in Oslo Friday, on rumours, denied by the firm, that a bid was on the way. Much buying was seen from Germany, but Nixdorf denied interest. Nokia Oy declined to comment. Foreign holders in aggregate are confined to 49%, Norwegian state permission is needed for any single foreign stake over 10%.

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