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BAKKAo - P/F Bakkafrost News Story

NOK716.6 0.0  0.0%

Last Trade - 06/05/21

Consumer Defensives
Large Cap
Market Cap £3.65bn
Enterprise Value £3.90bn
Revenue £543.7m
Position in Universe 160th / 1836

Norway's Salmar exits Bakkafrost in $102 mln deal

Thu 12th December, 2013 7:07am
OSLO, Dec 12 (Reuters) - Norwegian salmon farmer Salmar SALM.OL  sold its 14.9 percent stake in Bakkafrost  BAKKA.OL , the largest salmon producer in the Faroe Islands, taking advantage of the stock's recent rally, it said on Thursday.  Salmar sold its 7.27 million shares at 86 crowns a share, a 5.5 percent discount to the stock's last close, generating around $102 million from the deal. (Reporting by Balazs Koranyi) ((Balazs.Koranyi@thomsonreuters.com)(+47 2331 6596)(Reuters Messaging: balazs.koranyi.thomsonreuters.com@reuters.net)) Keywords: SALMAR BAKKAFROST/SALE
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