We have assisted KKR
We are proud to announce that we have assisted Octopus Bidco AS, a company indirectly wholly owned by funds advised by Kohlberg Kravis Roberts & Co. L.P. and its affiliates ("KKR") in the launch of a recommended voluntary cash offer to acquire all outstanding shares of Oslo Stock Exchange-listed ship owning company Ocean Yield ASA ("Ocean Yield").
A cash consideration of NOK 41.00 will be offered per share (subject to certain adjustments) and implies a total consideration and valuation of Ocean Yield of approximately NOK 7.2 billion.
KKR is a leading global investment firm with approximately USD 429 billion in assets under management as of June 2021 and has a 45-year history of leadership, innovation and investment excellence. In the past 15 years, KKR has grown by expanding its geographical presence and building businesses in new sectors, such as credit, special situations, equity strategies, hedge fund solutions, capital markets, infrastructure, energy and real estate.
The Wikborg Rein core team comprised Ole Henrik Wille, Dag Erik Rasmussen, Mads Ødeskaug and Ingrid Aasa Haavaldsen.