In the general meeting held in December, two of the largest owners of Color Line, Vital Forsikring and the Government Pension Fund of Norway, both were opposed to the merger, as they felt the purchased companies were overvalued. Color Air was at the time valuated at NOK 157 million.
In the general meeting held in December, two of the largest shareholders of Color Line, Vital Forsikring and the Government Pension Fund of Norway, both opposed the merger, as they believed the acquired companies were overvalued. The company Color Air was valued at NOK 157 million at the time.