bakkafrost p/f (BAKKA:Oslo)
Transactions by BAKKAFROST P/F (BAKKA) in the last 6 months
P/F Bakkafrost (OB:BAKKA) signed an agreement to acquire a 27.07% stake in Marine Harvest Faroes for $9.5 million on April 19, 2013. The agreement is subject to approval by the board of director’s in Marine Harvest Faroes and approval from existing shareholders, as they have pre-emption right to acquire the shares.
P/F Bakkafrost (OB:BAKKA) entered into an agreement to acquire Faroe Seafood UK Ltd. from P/F Faroe Seafood on December 10, 2012. With this acquisition the sales manager for Faroe Seafood UK Limited, Simon P. Jacobsen, has been appointed sales manager for the Bakkafrost Group. Post acquisition all 4 existing staff at Faroe Seafood UK will continue within the company. The transaction is expected to be completed following the approval from the authorities.
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| BAKKA:NO | 70.25 NOK | -5.25 | |
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Industry Analysis
BAKKA
Industry Average
| Valuation | BAKKA | Industry Range |
| Price/Earnings | 12.4x |
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| Price/Sales | 1.8x |
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| Price/Book | 2.6x |
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| Price/Cash Flow | 9.2x |
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| TEV/Sales | 1.3x |
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