The takeover vehicle, headed by media mogul chairman Trygve Hegnar and Norwegian investor Petter Stordalen who is also already a board member, has given until 23 February for any objections about the redemption price to be made.
It is offering NOK 7 per share – the price already paid to acquire 409,286,581 shares and which valued at Hurtigruten at NOK 2.94bn ($441.7m).
Shares in Hurtigruten, which has returned to profitability after a two year restructuring, will be delisted soon after the compulsory purchase period ends.
Stordalen said at the time the offer was initiated: "Hurtigruten is an iconic brand with a unique heritage and a strong market position. We are excited by the opportunity to accelerate the growth of the business, building on its strong platform in the Nordic region, investing across the fleet.”
Silk already held 55.87% of the company when it made its takeover move. TDR Capital was also involved in Silk.
