Brief: Aker Biomarine Completes Feed Ingredients Transaction, Distributes Dividend

Aker Biomarine ASA

03/09/2024 14:41

Sept 3 (Reuters) - Aker Biomarine ASA  AKBM.OL :
    * COMPLETION OF FEED INGREDIENTS TRANSACTION
    * TOTAL PROCEEDS ADJUSTED FOR NORMALIZED WORKING CAPITAL,
EXCESS
PRODUCT INVENTORY AT CLOSING WILL AMOUNT TO $630 MILLION
    * INTENDS TO DISTRIBUTE EXTRAORDINARY DIVIDEND OF NOK 45 PER
SHARE
FOLLOWING COMPLETION OF TRANSACTION
    * AFTER SETTLING CO'S OUTSTANDING DEBT AND BROKER FEES, NET
CASH
PROCEEDS TO AKER BIOMARINE WILL BE $227 MILLION

Source text for Eikon:  ID:nObiDVtNGa 
Further company coverage:  AKBM.OL 

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