Analyst Research

Report Title Price
Provider: Reuters Investment Profile
Provider: Wright Reports
Provider: Ratings
Provider: Ratings

NYSE and AMEX quotes delayed by at least 20 minutes. NASDAQ delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

Marine Harvest ASA Announces Result of Mandatory Offer for All Shares in Morpol ASA

Wednesday, 27 Feb 2013 02:46am EST 

Marine Harvest ASA announced with reference to the mandatory offer made by Marine Harvest on January 14, 2013 to acquire all outstanding shares in Morpol ASA that the acceptance period of the offer expired on February 26, 2013 at 16:30 CET. As of February 26, 2013, Marine Harvest has received acceptance of the offer for in total 64,729,810 shares, and will following settlement of the offer own 146,261,515 shares in Morpol. This represents approximately 87.1% of the share capital in Morpol. There may be additional acceptances not registered, so Marine Harvest's total ownership in Morpol after completion of the offer may therefore somewhat increase. Settlement for the shares tendered in the offer will be made no later than March 12, 2013. Marine Harvest does not own any other rights to acquire shares in Morpol. Marine Harvest will not have voting rights for its shares in Morpol until the transaction has been approved by the EU Commission and Ukrainian competition authorities. Marine Harvest has entered into the pre-notification procedure with the EU Commission and intends to officially file the concentration shortly with the EU Commission and Ukrainian competition authorities. Arctic Securities ASA is engaged as financial advisor to Marine Harvest in connection with the transaction. 

Company Quote

1.9 +2.21%
6:13am EDT