Norway government buys more Cermaq shares
The Norwegian government has bought 9.46 million shares in Cermaq ASA at auction, at NOK108 per share, bringing the percentage of shares owned by the State to 53.77%.
The government is also planning to buy up to 5 million more shares, at the same price, on the Oslo Stock Exchange today.
This follows the recent news that Cermaq’s shareholders rejected a bid by Marine Harvest to buy the company out.
Originally Cermaq had made an offer to buy out Peruvian fishmeal and fish oil producer Copeinca. Then Marine Harvest offered to buy out Cermaq, but on the condition that it did not continue with its bid for Copeinca. Cermaq did drop the Copeinca bid, but also rejected the Marine Harvest offer. Subsequently, Marine Harvest sold a large number of its shares in Cermaq, leaving Marine Harvest with 1.84% of the outstanding shares in Cermaq.
LATEST PRESS RELEASES
The Icelandic tech company Trackwell recently won an open tender to provide Vessel Monitoring System... Read more
Good quality wet weather gear is a must-have for any fishing professional. But finding the best gea... Read more
Good quality wet weather gear is essential when your job involves exposure to the elements, but if y... Read more
Future generations will need to produce more with less. Read more
Actions for investment and financing opportunities together with the day to day practicalities of ru... Read more
Lilja Alfreðsdóttir, the Minister of Education, Science and Culture in Iceland announced the winners... Read more