Fish Farming: NTS Makes USD 1 Bln. Bid for Norway Royal Salmon Stake
Control of Norway Royal Salmon might be changing hands after a bid by fellow Norwegian company NTS to acquire all outstanding shares in the company for NOK 209 per share was issued on the 16th.
According to capital.com, this places the deal’s worth at approximately NOK 9 billion (USD 1 billion), a premium of nearly NOK 2 billion on the company’s current market value.
In spite of this, NRS’s board has recommended against accepting the offer at this price, which it says...
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