The Ministry of Trade, Industry and Fisheries has today accepted to sell the Norwegian State's shares in the fish-farming company Cermaq to Mitsubishi Corporation.
The Ministry of Trade, Industry and Fisheries refers to the voluntary offer made by Mitsubishi Corporation, through its subsidiary MC Ocean Holdings Limited, on 22 September 2014 for the purchase of all of the shares in Cermaq ASA at a price of NOK 96 per share. The offer period ends today.
The Ministry of Trade, Industry and Fisheries has today, on behalf of the Norwegian State, accepted the offer for all of the state's shares in Cermaq. The state holds 54,731,604 shares in Cermaq, corresponding to 59.17 per cent of the issued share capital. Given completion of the offer, the state will no longer hold shares in the company.
For further information about the offer we refer to the offer document from MC Ocean Holdings Limited.