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The latest announcement is out from Biofish Holding AS ( (DE:9R2) ).
BioFish Holding AS has entered into a transaction agreement with Langøylaks Holding 2 AS for a voluntary cash tender offer to acquire all outstanding shares and warrants in the company. The offer, valued at approximately NOK 230 million, represents a significant premium over recent trading prices and is supported by BioFish’s board and major shareholders. This strategic move is expected to enhance BioFish’s position as a reliable supplier of smolt and post-smolt, while providing Langøylaks with a strong platform for mutual growth and operational synergies.
More about Biofish Holding AS
BioFish Holding AS is a Norwegian independent producer specializing in high-quality smolt and post-smolt. The company operates a RAS production facility located in Ljones, near the Hardangerfjord on Norway’s west coast, with numerous fish farming sites accessible within a day of transport.
YTD Price Performance: 52.97%
Average Trading Volume: 307,736
Current Market Cap: NOK187.6M
For a thorough assessment of 9R2 stock, go to TipRanks’ Stock Analysis page.