Norway Royal Salmon shares rise as much as 17%, the most intraday since July 2021, after SalMar obtained clearance from the European Commission regarding its acquisition of NTS and Norway Royal Salmon.
- The spread between SalMar offer price and Norway Royal Salmon tightened on the announcement, with Royal Salmon trading at NOK154 against the offer price of ~NOK 156 as of 10:30 am in Oslo
- NOTE: Shareholders of NRS will receive 0.303933 shares in SalMar and NOK52.84 in cash; amounting to ~NOK155.8
- May. 30:
SalMar to Buy Norway Royal Salmon for NOK265.18/Share - Oct. 31:
Salmar’s NTS Deal Gets Clearance From ...
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