Posts Tagged ‘NTS’
Rebel NTS shareholders to sue SalMar
The feud between a group of former NTS shareholders and the salmon farming giant SalMar shows no sign of letting up. Some shareholders have been unhappy at the price they were offered during the takeover saga last year, which saw SalMar eventually succeed in acquiring NTS. The deal brought Norway Royal Salmon, SalmoNor and the…
Read MoreNorway Royal Salmon share deal paves way for Iceland tie-up
A larger and more powerful Icelandic salmon farming operation looks set to emerge following a financial restructuring in Oslo. The Norwegian transport and aquaculture services group NTS is increasing its stake in Norway Royal Salmon (NRS) after selling its shares in the company which owns the Icelandic salmon farmer Ice Fish Farm. In return, the…
Read MoreMarkdown 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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