FBD shares surge as Norwegian insurer buys significant stake

FBD shares jumped by more than 8% on the back of Norwegian insurance firm Protector Forsikring acquiring a 6.3% stake in the Irish insurer

FBD is currently valued at about €270m.

FBD shares jumped by more than 8% on the back of a Norwegian insurance firm buying a significant stake in the Irish insurer and raising questions about its future ownership.

Norwegian insurer Protector Forsikring has acquired a 6.3% stake in FBD.