Nordstjernen will become a subsidiary of Orkla, and the operations within the company will be integrated in the Financial Investment division of Orkla.

 

The values in Nordstjernen consist of NOK 520 million in cash and NOK 440 million in shares (market value). There are no liabilities in the company.  Orkla ASA buys 708.251 of own shares, and 200.496 of Elkem shares in connection with the possession. The other shareholdings in Nordstjernen consist of Norwegian listed companies, where the largest holdings are DnB Holding, Norsk Hydro, Norske Skog and Hafslund B.

 

The price Orkla has paid for Nordstjernen is somewhat above the price of a liquidation of the company.