Norway Royal Salmon, MNH call off merger talks

Merger talks between two of Norway’s leading salmon farming companies have been called off. In a surprise Oslo Stock Exchange announcement at the weekend Norway Royal Salmon and NTS subsidiary Midt Norsk Havbruk (MNH) said negotiations had been abandoned and they would continue as two separate businesses. Discussions began little more than a month ago…

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Markdown on shares hits NTS earnings for 2020

The large shipping and aquaculture services group NTS ASA has unveiled a pre-tax loss of NOK 74 million (£6.1 million), compared with a profit of almost NOK 2 million a year ago. Profits for the third quarter of this year were, however, significantly up on the same period for 2019. The pre-tax loss for 2020…

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