Norwegian wellboat firm, salmon farmer merge


Norwegian wellboat firm, salmon farmer ink $168m merger

A Norwegian transport and wellboat firm has inked a deal to merge with Midt-Norsk Havbruk, one of the country's largest privately-owned farmers.

According to a statement from NTS, which is listed on the Oslo stock exchange, the deal is for 100% of Midt-Norsk Havbruk (MNH), with payment in the form of 48.50 million shares, worth around NOK 1.43 billion ($167.66m).

The transaction will be carried out through a rights issue which gives......................

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