orkla asa-spon adr (ORKLY:OTC US)
Transactions by ORKLA ASA-SPON ADR (ORKLY) in the last 6 months
Orkla ASA (OB:ORK) acquired SIA NP Foods from Nordic Partners Food Limited on August 26, 2014. In 2013 SIA NP Foods reported turnover of €64.32 million and profit of €1.11 million. The transaction will be considered complete as soon as a confirmation from competition councils in Latvia, Estonia and Lithuania has been received. Slaidins, Liga Merwin and Maris Brizgo of LAWIN acted as legal advisors to Orkla ASA.
Orkla ASA (OB:ORK) announces share repurchase program. Under the program, the company will repurchase up to 96,920,991 shares, representing 9.51% stake with a nominal value of NOK 125 million, provided that the company’s holding of treasury shares does not exceed 10% of the total shares outstanding at any given time. The minimum price which the company will pay for its own shares will be NOK 20 per share and the maximum price which the company will pay for its own shares ...
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