NRS’ attempted purchase of SalmoNor threatens SalMar’s deal to take control of NTS

    The news has taken SalMar completely by surprise.

    Norway Royal Salmon’s announcement has taken Gustav Witzøe’s company by surprise because today was the day. After SalMar announced a month ago that it had accepted the shareholders’ pre-bid for approximately 50.1 % of the outstanding shares in NTS, today was the official opening of the acceptance period for the offer. However, Witzøe’s company was not counting on an unforeseen event that could derail the deal: the official announcement by Norway Royal Salmon (NRS) of its intention to buy SalmoNor, both part of the NTS ASA group. Following the announcement, SalMar fell by almost 2% at the close of trading on the Oslo stock exchange on Thursday, while NTS rose by more than 1%.

    You need a subscription to read this story

    Please subscribe to unlock premium content.

    Subscribe now

    Already have a subscription? Log in here.
    - Advertisement -

    Share this article

    Similar articles


    Similar articles

    The Kingfish Company reports sales grew by 90% and a 25% price increase for large fish

    The Kingfish Company has reported a sales increase of 90%...

    Mowi acquires 51.28% of the shares in Arctic Fish

    Mowi has acquired 51.28% of the shares in Arctic Fish....

    Ohad Maiman steps aside but doesn’t go far

    On the first day of November, The Kingfish Company made...

    Similar articles

    Hot stories


    You have of 3 free articles remaining.

    Stay informed with your WeAreAquaculture membership. News, insight, exclusive interviews, analysis and members-only content. Subscribe for unlimited access.