Hurtigruten, the Bergen based company that operates expedition cruises and the Norwegian Coastal Express ferry service, will leave the Oslo Stock Exchange after shareholders accepted a bid by an investment company, Hurtigruten said in a statement.

Silk Bidco AS. the investment company formed by two directors and an investment fund, controlled 97.3% of the shares in Hurtigruten after the expiry of their bid late last week. Silk Bidco offered NK7.00 per share in Hurtigruten, which valued the company at NK2.94 billion or 55.9% more than the average trading price of the shares in the company on the Oslo bourse in October.