Norwegian Billionaire Pushes Salmon Production Into New Offshore Waters
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Billionaire Kjell Inge Rokke’s Aker ASA and SalMar ASA will create an offshore fish farming company to open new waters for producing salmon.
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.