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BAKKAo - P/F Bakkafrost News Story

NOK716.6 55.0  8.3%

Last Trade - 06/05/21

Sector
Consumer Defensives
Size
Large Cap
Market Cap £3.59bn
Enterprise Value £3.84bn
Revenue £540.2m
Position in Universe 163rd / 1831

BRIEF-Bakkafrost: Buys 51 pct of Faroe Farming for DKK 75 mln

Thu 30th June, 2016 6:00am
June 30 (Reuters) - P/F Bakkafrost  BAKKA.OL : 
    * Has entered into an agreement with Sp/f Hjallur to acquire 
51 pct of shares in P/F Faroe farming for a cash consideration 
of DKK 75 million 
    * Bakkafrost will become the owner of 100 pct of the shares 
in P/F Faroe Farming effective from 1 July 2016 
    * Bakkafrost has also filed two licenses to the Faroese 
Authorities. The licenses filed are Svínáir (A-03) and 
Hovsfjørur (A-17/18) 
 
Source text for Eikon:  ID:nObimHdBka  
Further company coverage:  BAKKA.OL  
 
 (Reporting By Stine Jacobsen) 
 ((stine.jacobsen@thomsonreuters.com;))
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