Aker ASA: Aker tenders its shares in Ocean Yield ASA in a recommended voluntary cash offer by Octopus Bidco, sponsored by KKR
Ocean Yield ASA (“Ocean Yield”) and Octopus Bidco AS (currently under name change from WR Start Up 418 AS) (“Octopus Bidco”), a company indirectly wholly owned by funds advised by Kohlberg Kravis Roberts & Co. L.P. and its affiliates (“KKR”), announced today that an agreement has been reached for the launch by Octopus Bidco of a recommended voluntary offer (the “Offer”) for all outstanding shares in Ocean Yield for a cash consideration of NOK 41.00 per share, (subject to certain possible adjustments as described in their joint announcement). The independent directors of the board of directors