Finance

Norebo given 'preliminary greenlight' for $116 million acquisition

Snapping up fellow fishing company Saami LLC would give the Russian giant an additional 11,000 metric tons of Atlantic cod and haddock quota.

Norebo Holding is the country’s largest fishing quota holder with more than 420,000 metric tons of pollock, Atlantic cod and haddock and other valuable species.
Norebo Holding is the country’s largest fishing quota holder with more than 420,000 metric tons of pollock, Atlantic cod and haddock and other valuable species.Foto: Privat
Published 24 June 2021, 04:18Updated 24 June 2021, 12:20
RussiaNoreboRussian Fishery CompanyMergers & AcquisitionsAtlantic cod