Finance

Norway Royal Salmon board instructs shareholders to reject takeover offer from NTS

The board members said the offer 'does not reflect the underlying value' in the group. One key shareholder has already rejected the bid.

Eva Kristoffersen, vice chair of Norway Royal Salmon, and CEO of Egil Kristoffersen & Sønner. Kristoffersen has stepped in to run the consideration process for the NTS bid for Norway Royal since chair Helge Gaso is the controlling shareholder of NTS.
Eva Kristoffersen, vice chair of Norway Royal Salmon, and CEO of Egil Kristoffersen & Sønner. Kristoffersen has stepped in to run the consideration process for the NTS bid for Norway Royal since chair Helge Gaso is the controlling shareholder of NTS.Foto: Anders Furuset
NTSNorway Royal SalmonFarmed salmonHelge GasoMergers & Acquisitions
Published 21 July 2021, 20:45Updated 21 July 2021, 21:21