The Norwegian Ministry of Trade and Industry has on 11 June 2013 proposed to the Norwegian Parliament that the Ministry be authorized to increase its shareholding in Cermaq AS, and/or to sell its shares in the company. Independent brokers are now invited to offer their services.
The Norwegian State (the “State”), through the Ministry of Trade and Industry (the “Ministry”), owns 43,54 % of the shares in Cermaq ASA (“Cermaq”). Cermaq is listed on the Oslo Stock Exchange and is valued at approximately 10 billion NOK.
The Ministry propose to be authorized to increase its shareholding in Cermaq to a maximum of 65 %, and/or to sell its shares in Cermaq.
The Ministry intends to engage approximately two independent brokers to assist the Ministry in connection with any acquisition of shares. The Ministry has therefore published an invitation to tender for broker services in connection with any purchase of shares the Ministry may decide upon. Offers are to be received by Friday 14 June 2013.
View the invitation letter here.