The Norwegian State sells its shares in Cermaq ASA

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.

 

Related news

Latest news

USCG confirms OPtimarin in Line for Ballast Water Approval

The United States Coast Guard (USCG) has confirmed that Norwegian ballast water treatment specialist Optimarin has become the first supplier to submit an application for type approval.

New order for Servogear

Servogear announces that they have received a new order from Brødrene Aa. 

Norwater AS reports boost in sales

The Norwater team reports of great interest and busy days in 2016. In a press release, they state that as of the first 8 months of the year, 2016 sales are already beyond target for the year as a whole.

Gaia-facts reaching ground control

The European Space Agency (ESA) has released the first data from the Gaia mission, which has the tremendous task of building the most precise 3D map of the Milky Way.

Polish delegation for Norwegian circular waste management

Against the background of the EU's ambitious waste management targets, Norwegian and Polish stakeholders met on Wednesday 14 September in Drammen.

Milestone at Mongstad Water Treatment Plant

SAR AS reports that an extensive upgrade to the water treatment plant at Mongstad reached a new milestone July. 

Servogear signs new contract with Özata Shipyard

Servogear has announced the signing of a new contract with Özata Shipyard in Turkey. The contract includes the delivery of Servogear Ecoflow PropulsorTMfor two 39 meter passenger catamarans (YN 41 & YN 42).

Statoil and Petrobras strengthen strategic partnership

Statoil reports that they have strengthened their cooperation in Brazil by signing a Memorandum of Understanding (MoU) with Petrobras.

TechInvent and Island Offshore/Centrica announced winners of ONS Innovation Award

TechInvent and Island Offshore/Centrica were announced winners of the ONS 2016 Innovation Awards, at the Innovation Awards Ceremony Tuesday 30 August.