tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Langøylaks Extends Tender Offer for Biofish Shares

Story Highlights
Langøylaks Extends Tender Offer for Biofish Shares

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Biofish Holding AS ( (DE:9R2) ) has issued an update.

Langøylaks Holding 2 AS has extended its voluntary cash tender offer to acquire all outstanding shares of Biofish Holding AS until 27 June 2025. The offer, initially set to expire on 20 June 2025, has seen acceptances for approximately 79.12% of the shares, and completion is contingent upon achieving over 90% acceptance. The acquisition could significantly impact Biofish’s market positioning and stakeholder interests, given the strategic nature of the tender offer.

More about Biofish Holding AS

BioFish is a Norwegian independent producer specializing in high-quality smolt and post-smolt, operating a RAS production facility in Ljones, close to the Hardangerfjord on Norway’s west coast.

YTD Price Performance: 57.99%

Average Trading Volume: 503,462

Current Market Cap: NOK193.7M

For detailed information about 9R2 stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1