Fredriksen increases stake in Valaris
![Photo: Ints Kalnins/Reuters/Ritzau Scanpix](https://photos.watchmedier.dk/watchmedier/resize:fill:3840:0:0/plain/https://photos.watchmedier.dk/Images/article13615685.ece/ALTERNATES/schema-16_9/20170601-202900-3-1920x1079we.jpg)
Norwegian-Cypriot shipping magnate John Fredriksen's investment company has increased its shareholding in drilling firm Valaris.
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