Andfjord Salmon Share Sale Strengthens JMA Stake
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Andfjord Salmon Share Sale Strengthens JMA Stake

Andfjord Salmon AS (DE:50R) has released an update.

Andfjord Holding AS has sold 2 million shares of Andfjord Salmon Group AS to Jeronimo Martins Agroalimentar (JMA) for NOK 30.00 each. This strategic sale allows Andfjord Holding to alleviate wealth tax obligations and debt related to forward share contracts. Meanwhile, JMA’s increased stake, now at 28.03%, reinforces its confidence in Andfjord Salmon’s sustainable and high-standard salmon production.

For further insights into DE:50R stock, check out TipRanks’ Stock Analysis page.

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