COPENHAGEN (Reuters) -Norwegian salmon farming group Grieg Seafood said on Thursday it had agreed to sell its operations in Norway's Finnmark and in Canada to Mitsubishi unit Cermaq for 10.2 billion
Grieg Seafood Divests Canadian and Finnmark Operations to Cermaq for $993M
COPENHAGEN (Reuters) -Norwegian salmon farming group Grieg Seafood said on Thursday it had agreed to sell its operations in Norway's Finnmark and in Canada to Mitsubishi unit Cermaq for 10.2 billion crowns ($993 million).
"The sale allows Grieg Seafood to concentrate its focus on the Rogaland region in Western Norway," it said in a statement.
Grieg Seafood said it expects to close the deal in the fourth quarter.
($1 = 10.2705 Norwegian crowns)
(Reporting by Louise Breusch Rasmussen, editing by Anna Ringstrom)
