Norwegian company NTS ASA, which owns the well boat company Norsk Fisketransport, signed an agreement to acquire all shares in the salmon farmer Midt-Norsk Havbruk.
As part of the deal the owners of Midt-Norsk Havbruk will become the largest shareholder in NTS.
The shares in Midt-Norsk Havbruk transferred to NTS for a consideration in the form of 48,504,296 shares in NTS ASA.
This constitutes around two thirds of the shares in NTS after completion of the transaction.
Completion of the transaction is conditional on a reciprocal, limited due diligence, competition law clearance and approval of more than two thirds of shareholders present at the extraordinary general meeting of NTS.
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