Existing farmers in the Shetland Islands are seen as the most likely bidders for Grieg Seafood's Scottish salmon farming assets, according to market analysts, although outside bids by UK private equities remain a possibility.
According to SpareBank 1 Markets analyst Christopher Vinter, the divestment of Grieg's underperforming Shetland farms -- announced by the firm on Nov. 17 -- should raise between NOK 1 billion ($110.7 million) and NOK 2bn, noting that "a price in the mid-range is the most likely outcome" [...]
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