| 17.11.03 | << back |
| Agreement on the sale of Nye Midnor - new negotiations | |
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| Trondheim, Bergen 17.11.03
Reference is made to the previous notice to the OSE of October 27th 2003, concerning the sale of Nye Midnor AS ("Nye Midnor") from Sparebanken Midt-Norge to Lerøy Seafood Group ASA. The agreement was entered into subject to the consequences of a due diligence to be undertaken. Following a comprehensive and thorough analysis, the parties have found themselves in disagreement on some of the issues and matters involved. |
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The parties have been unable to overcome this disagreement by November 15, as stipulated in the agreement. The parties do agree that this is a matter of utmost importance, none more so than for Nye Midnor, and have for this reason resolved to undertake exclusive negotiations in the period to and including November 21st 2003, in an attempt to arrive at a common understanding and basis for a sales agreement.
Contacts:
Sparebanken Midt-Norge: CEO Finn Haugan, +47 900 41 002
Sparebanken Midt-Norge: General Manager Rune Malvik, +47 911 40 126
Lerøy Seafood Group ASA: CEO Ole Eirik Lerøy, +47 55 21 36 50 |
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