Norway Pelagic - 500 Beiträge pro Seite
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AUSTEVOLL SEAFOOD ASA (AUSS) HAS TODAY SIGNED AN AGREEMENT WITH NORWAY
PELAGIC ASA (NPEL) IN RESPECT OF POSSIBLEMERGER BETWEEN AUSS’ WHOLLY OWNED
SUBSIDIARY AUSTEVOLL FISK AS AND NPEL’S WHOLLY OWNED SUBSIDIARY NORWAY
PELAGIC AS
AUSS has today signed an agreement with NPEL in respect of a possible merger between its
wholly owned subsidiary Austevoll Fisk AS and NPEL’s wholly owned subsidiary Norway
Pelagic AS. If the merger is completed, AUSS will receive shares in NPEL as compensation for
the transaction.
The activities in Austevoll Fisk AS is based on pelagic fisheries in the North Atlantic and
comprises purchase, production and export of pelagic fish. Austevoll Fisk AS currently owns
60 per cent of the shares of Sir Fish AS localized at Sirevåg, 100 per cent of Austevoll
Fiskeindustri AS localized at Austevoll, 66 per cent of Modolv Sjøset AS localized at Træna, 50
per cent of North Capelin Honningsvåg AS localized at Honningsvåg, and 25 per cent of
Shetland Catch Ltd. localized in Shetland. The business related to slaughtering and
processing of salmon within Austevoll Fiskeindustri AS are not included in the transaction.
The merger will facilitate a competitive group with significant opportunities for exploitation
of large scale synergies within the areas of production/processing, sales and distribution,
and with capacities for further growth.
AUSS is satisfied that the company by virtue of this merger can pursue its important efforts
to create a future-oriented and strong participant within this part of the seafood industry.
AUSS will by this transaction also unite its economic interests in this sector in Europe in one
competitive unit. AUSS is looking forward to the future development of Norway Pelagic ASA.
The parties have provisionally agreed that 2 768 954 shares in NPEL will be issued in
compensation to AUSS in the merger transaction, which if completed will increase the
ownership holding of AUSS in NPEL from 33 per cent to 43 per cent. The agreement has been
signed with reservations, such as inter alia due diligence investigations, required public
permissions and authorisations, agreement on final merger consideration, that the boards of
directors agree on a final merger plan, and approval of the merger plan in the general...
PELAGIC ASA (NPEL) IN RESPECT OF POSSIBLEMERGER BETWEEN AUSS’ WHOLLY OWNED
SUBSIDIARY AUSTEVOLL FISK AS AND NPEL’S WHOLLY OWNED SUBSIDIARY NORWAY
PELAGIC AS
AUSS has today signed an agreement with NPEL in respect of a possible merger between its
wholly owned subsidiary Austevoll Fisk AS and NPEL’s wholly owned subsidiary Norway
Pelagic AS. If the merger is completed, AUSS will receive shares in NPEL as compensation for
the transaction.
The activities in Austevoll Fisk AS is based on pelagic fisheries in the North Atlantic and
comprises purchase, production and export of pelagic fish. Austevoll Fisk AS currently owns
60 per cent of the shares of Sir Fish AS localized at Sirevåg, 100 per cent of Austevoll
Fiskeindustri AS localized at Austevoll, 66 per cent of Modolv Sjøset AS localized at Træna, 50
per cent of North Capelin Honningsvåg AS localized at Honningsvåg, and 25 per cent of
Shetland Catch Ltd. localized in Shetland. The business related to slaughtering and
processing of salmon within Austevoll Fiskeindustri AS are not included in the transaction.
The merger will facilitate a competitive group with significant opportunities for exploitation
of large scale synergies within the areas of production/processing, sales and distribution,
and with capacities for further growth.
AUSS is satisfied that the company by virtue of this merger can pursue its important efforts
to create a future-oriented and strong participant within this part of the seafood industry.
AUSS will by this transaction also unite its economic interests in this sector in Europe in one
competitive unit. AUSS is looking forward to the future development of Norway Pelagic ASA.
The parties have provisionally agreed that 2 768 954 shares in NPEL will be issued in
compensation to AUSS in the merger transaction, which if completed will increase the
ownership holding of AUSS in NPEL from 33 per cent to 43 per cent. The agreement has been
signed with reservations, such as inter alia due diligence investigations, required public
permissions and authorisations, agreement on final merger consideration, that the boards of
directors agree on a final merger plan, and approval of the merger plan in the general...
auch ziemlich unter die Räder gekommen wie der Rest der Industrie...
dehistorize
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