Aker BioMarine Finalizes Strategic Business Sale
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Aker BioMarine Finalizes Strategic Business Sale

Aker BioMarine ASA (DE:1PG) has released an update.

Aker BioMarine ASA has successfully completed the sale of its Feed Ingredients business to American Industrial Partners and Aker Capital AS for USD 630 million, which, after deductions, will result in net cash proceeds of USD 227 million for Aker BioMarine. The company plans to distribute an extraordinary dividend of approximately NOK 45 per share and will now concentrate on its human health and nutrition business segments. CEO Matts Johansen highlighted the sale as a milestone to focus on growth in the Omega-3 segment within the dietary nutrition market.

For further insights into DE:1PG stock, check out TipRanks’ Stock Analysis page.

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