The boards of Wilsgård, SalMar Farming AS, a wholly-owned subsidiary of SalMar, (“SalMar Farming”) and SalMar have today approved a merger plan for a triangular merger pursuant to Chapter 13 ...

The transaction is structured as a triangular merger, where SalMar issues shares while its subsidiary, SalMar Farming, absorbs Wilsgård. The deal is split between 80% in shares and 20% in cash.