Bakkafrost announced the final offer price for common shares will be NOK 28.25 (€2.80/$3.10), the highest price paid in the last six months, according to the company.
The offer period begins on Nov. 11 and ends at 18:00 CET on Dec. 9, with the possibility of an extension up to two weeks. The settlement is expected to be made within two weeks from the end of the offer period.
Bakkafrost currently holds 80.8 percent of all common shares.
In October, Bakkafrost announced it completed the acquisition of 133,125,109 shares of the Scottish Salmon Company (SSC) from Northern Link for NOK 3.76 billion (€374.2 million/$411.1 million) or NOK 28.2 (€2.80/$3.10) per share.