A voluntary bid for all the shares in the listed company Hurtigruten ASA was made public. The bidders are TDR Capital LLP and Silk Bidco AS. Silk Bidco AS is a joint venture company indirectly owned by Home Capital AS, Periscopus AS and investment fund managed by TDR Capital LLP.

The bid values the total share capital to approx. NOK 2 940 million. Read the press release from Hurtigruten here.

AdeB has together with Cravath, Swaine & Moore LLP and Clifford Chance assisted the debt provider to the bidders.

AdeBs team was led by Trond Kildal, partner in our banking and finance group, assisted by the partners Anders Heieren (tax), Geir Evenshaug (M&A) and Erlend Bakken (M&A), senior lawyers Gard A. Skogstrøm (M&A) and Hege Dahl (M&A), and associate Lars Myklebust Tomasson (finance).