date:Mar 28, 2014
UR 99 million) and EBITDA of CAD 44.3 million (USD 40 million, EUR 29 million).
Marine Harvest said the divestment is a consequence of the remedies set forth by the EU Commission for the approval of the Morpol transaction in September 2013. The EU Commission required Marine Harvest to divest farming capacity on the Shetland and Orkney Islands. The agreement is conditional on the EU Commission approving that the purchaser and the transaction as well as the sales terms satisfy these remedies.
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