The offshore shipowner said Remoy’s Remy AS company bought1.59m shares representing a 7.85% holding for NOK 52 each, a total outlay ofNOK 82.68m ($13.52m).

Minority shareholder Krossanes EHF was confirmed as theseller.

This company, in which Rem board member Torsteinn MarBaldvinsson holds shares, no longer has a stake in Rem.

The deal triggered a mandatory offer for the rest of the shares.

Remoy controls 78.63%