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Norway's govt sells Cermaq stake to Mitsubishi
October 20, 2014 / 2:17 PM / 3 years ago

Norway's govt sells Cermaq stake to Mitsubishi

OSLO, Oct 20 (Reuters) - The Norwegian government has accepted Mitsubishi’s bid for fish farmer Cermaq and sold its entire 59.17 percent stake, it said in a statement on Monday.

Mitsubishi has offered 96 crowns per Cermaq share and no other investor has made a counteroffer, despite earlier expectations that a bidding war may push the price higher. (Reporting by Balazs Koranyi)

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