tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Odfjell Entities Increase Stake in Biofish Amid Acquisition Offer

Story Highlights
Odfjell Entities Increase Stake in Biofish Amid Acquisition Offer

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.

The latest update is out from Biofish Holding AS ( (DE:9R2) ).

Odfjell Partners Holding Ltd and Odfjell Land AS have acquired a significant number of warrants in Biofish Holding AS, totaling over 4.9 million, and now hold a substantial stake in the company. This transaction follows a recommended offer from Langøylaks to acquire all shares and warrants in Biofish Holding AS, which Odfjell Land AS has pre-accepted, indicating a potential shift in ownership and strategic direction for Biofish.

More about Biofish Holding AS

BioFish is a Norwegian independent producer specializing in high-quality smolt and post-smolt, with a RAS production facility located in Ljones near the Hardangerfjord on Norway’s west coast. The company serves numerous fish farming sites within a day’s transport.

Average Trading Volume: 487,500

Current Market Cap: NOK191.5M

See more data about 9R2 stock on 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