Back to today’s briefing

Story perspectives

Norway Sells $2.1B Caterpillar Stake Over Gaza Concerns

9/26/2025

50 5

Summary

Story summary

Norway's sovereign wealth fund divested from Caterpillar over bulldozers used in Gaza and the West Bank.
It sold 1.17% stake for $2.1 billion by June 30.
Norges Bank based the decision on ethics watchdog recommendations; the government didn't decide.
The ethics watchdog cited international humanitarian law violations; U.S. State Department expressed concern, and Espen Barth Eide said tensions are easing.

1 of 1

Story summary

Norway's sovereign wealth fund divested from Caterpillar over bulldozers used in Gaza and the West Bank.
It sold 1.17% stake for $2.1 billion by June 30.
Norges Bank based the decision on ethics watchdog recommendations; the government didn't decide.
The ethics watchdog cited international humanitarian law violations; U.S. State Department expressed concern, and Espen Barth Eide said tensions are easing.