Aquaculture firm SalMar has told the Oslo stock exchange it intends to make a voluntary cash offer to acquire all outstanding shares in Norway Royal Salmon (NRS).

Its offer beats NTS' last bid of NOK 240 per share, at NOK 270 per share. It values NRS at NOK 11.76 billion ($1.3bn), representing a 12.5% premium to the NTS offer, and a premium of 54% to the 30 trading day volume-weighted average price of the NRS share prior to the date for the NTS offer [...]