Last Saturday, Norwegian newspaper Finansavisen ran a full feature of an interview with Norwegian magnate John Fredriksen. According to him, Marine Harvest submitted a final written bid on Cermaq of NOK 114 per share, equal to NOK 10.6 billion.

“That’s when the Minister of Trade and Industry rang Tor Olav Troim [Fredriksen’s closest colleague] in the middle of the night, and said if we didn’t raise our offer by NOK 80 million they would sell to private equity. We had already gone up almost NOK 1billion and we decided that was enough,” Fredriksen told FA.

Marine