Var Energi's BlueNord Buy Strengthens Investment Appeal — Market Talk

Var Energi's deal to buy BlueNord strengthens the equity story well beyond the announced synergies, Citi analyst Tianhong Bi writes. Var Energi announced a deal in July to buy Oslo-listed peer BlueNord in a cash and stock deal valued at around $1.3 billion. Citi says Var shares have undergone a sig…