14. LIFE BELOW WATER

SalMar inks deal to sell wellboat subsidiary Froy to Goldman Sachs

Written by Amanda

‘Following a constructive process and after reaching a final agreement we believe we have found the best solution, not only for the SalMar group, but for all shareholders in Froy,’ said Frode Arntsen, CEO of SalMar. Photo: Gunnar Lier

Following completion, the investment bank will make a mandatory cash offer to acquire all other shares in Froy. The deal would value Froy at almost $600 million.

Source: intrafish.com

About the author

Amanda

Hi there, I am Amanda and I work as an editor at impactinvesting.ai;  if you are interested in my services, please reach me at amanda.impactinvesting.ai