Oslo-listed Discovery says the US shipownernow controls 32.1% of the company after picking up 2,658,500 shares.
At a price of NOK 9.50 ($1.60) a piecethe raid cost Hercules approximately NOK 25.3m, securities filings show.
Two of the buyer’s top executives, financeboss Stephen Butz and chief compliance officer James Noe, sit on Discovery’sboard of directors, prompting unconfirmed speculation that a takeover may be onthe horizon.
