Recommended voluntary cash offer for Hurtigruten ASA (NO) by Silk Bidco AS (NO) — Enterprisevalue NOK 5.5 billion

Carnegie acted as financial adviser to Sild Bidco in the recommended voluntary cash offer to acquire all outstanding shares in Hurtigruten. Silk Bidco is a joint venture vehicle indirectly owned by Home Capital AS, Perscopus AS and investment funds managed by TDR Capital. Hurtigruten pursues travel and transport activities in Norway and abroad.December 2014.