Norwegian Billionaire Pushes Salmon Production Into New Offshore Waters {Norwegian Billionaire Pushes Salmon Production Into New Offshore Waters} – English

Norwegian Billionaire Pushes Salmon Production Into New Offshore Waters {Norwegian Billionaire Pushes Salmon Production Into New Offshore Waters} – English

The post Norwegian Billionaire Pushes Salmon Production Into New Offshore Waters appeared first on Wealth-X.


 

Aker will contribute as much as 1.65 billion kroner ($190 million) in cash in three tranches to SalMar Aker Ocean, which will comprise SalMar’s interests in its semi-offshore and offshore farming operations, the companies said in a statement on Thursday.

 

SalMar will eventually own 66.6% of the joint company, while Aker will own 33.4% through Aker Capital AS.

 

Read the full story on Bloomberg here.

The post Norwegian Billionaire Pushes Salmon Production Into New Offshore Waters appeared first on Wealth-X.