Norwegian salmon giant SalMar reached an agreement Monday to sell a 72 percent stake in its wellboat and aquaculture services subsidiary Froy to Goldman Sachs Asset Management in a deal ultimately valuing the company at $600 million (€562 million) .
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SalMar inks deal to sell wellboat subsidiary Froy to Goldman Sachs
Following completion, the investment bank will make a mandatory cash offer to acquire all other shares in Froy. The deal would value Froy at almost $600 million.
5 June 2023 7:31 GMT
Updated
5 June 2023 13:01 GMT
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