Aquaculture

Norway Royal Salmon files lawsuit against NTS, claims compensation for breach of contract

The move follows NTS's decision to vote down a capital raise for Norway Royal Salmon which would enable it to buy fellow salmon company SalmoNor.

A failure to compete the SalmoNor transaction will lead to a significant economic loss for NRS. Klaus Hatlebrekke, CEO of Norway Royal Salmon.
A failure to compete the SalmoNor transaction will lead to a significant economic loss for NRS. Klaus Hatlebrekke, CEO of Norway Royal Salmon.Photo: Kjersti Kvile
Published 8 April 2022, 10:49Updated 8 April 2022, 11:41
NTSNRSFarmed salmonMergers & Acquisitions