Norway Seafoods' board of directors is recommending to its shareholders to accept Leroy Seafood's voluntary offer to acquire all outstanding in the group.
Leroy announced last week it would offer NOK 1 (€0.11/$0.12) per share, which Norway Seafoods' board deems as "fair."
While the offer is 10 percent lower than the closing price on June 2, just before Leroy signed an agreement to acquire a majority stake in the company, it is nevertheless "fair from a financial point of view," the company said.
The
