P/F Bakkafrost (OB:BAKKA) agreed to acquire the remaining 4.4% stake in The Scottish Salmon Company PLC (OB:SSC) for approximately NOK 240 million on January 13, 2020. Under the terms of the acquisition, Bakkafrost will pay NOK 28.25 per share to the selling shareholders in the acquuisition. Upon completion of the acquisition, Bakkafrost will now hold all of the shares in SSC. The compulsory acquisition process is expected to close in week 9. As of February 25, 2020, transaction is expected to close before the first quarter of 2020 ends.

P/F Bakkafrost (OB:BAKKA) completed the acquisition of remaining 4.4% stake in The Scottish Salmon Company PLC (OB:SSC) on March 5, 2020.