Brief: Grieg Seafood Says To Sell Its Shetland Operations To Scottish Sea Farms For GBP 164 Mln

Leroy Seafood ASA

29/06/2021 18:20

June 29 (Reuters) - Grieg Seafood ASA  GRIA.OL :
    * REG-GRIEG SEAFOOD ASA SELLS ITS SHETLAND OPERATIONS FOR
GBP 164
MILLION
    * ENTERED INTO AN AGREEMENT WITH SCOTTISH SEA FARMS LTD FOR
DISPOSAL OF ALL SHARES IN GRIEG SEAFOOD HJALTLAND UK LTD
    * ENTERPRISE VALUE IS SET TO GBP 164 MILLION, ASSUMING A
NORMALIZED WORKING CAPITAL, AND TO BE ADJUSTED FOR CASH AND DEBT
    * DNB MARKETS AND NORDEA MARKETS ACT AS FINANCIAL ADVISORS
TO
GRIEG SEAFOOD ASA IN CONNECTION WITH SALE

Source text for Eikon:  ID:nGNE9XJTRf 
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 ((Reuters.Briefs@thomsonreuters.com;))