Marine Harvest to divest certain Scottish assets to Cooke Aquaculture
date:Mar 31, 2014
er last year.

The latest transaction, which is subject to EU approval, is expected to close in the second quarter.

Based on the 2013 balance sheet, the sale is expected to provide the company with savings of around NOK300m, and is likely to increase the potential dividend capacity for the first quarter.

Arctic Securities has provided financial advisory services, while Wiersholm and Brodies acted as provided legal advisors for Marine Harvest on the deal.
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