tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Mowi ASA Expands Stake in Nova Sea

Story Highlights
  • Mowi ASA is a major player in the aquaculture industry, focusing on farmed salmon.
  • Mowi completed the acquisition of Nova Sea’s stake, issuing new shares to Vigner Olaisen.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Mowi ASA Expands Stake in Nova Sea

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.

Mowi ASA ( (GB:0OAW) ) has provided an announcement.

Mowi ASA has completed the acquisition of a controlling stake in Nova Sea from Vigner Olaisen AS, settling 30% of the purchase price through the issuance of new shares. This transaction increases Mowi’s share capital and strengthens its position in the aquaculture industry, potentially impacting its market operations and stakeholders.

The most recent analyst rating on (GB:0OAW) stock is a Hold with a NOK205.00 price target. To see the full list of analyst forecasts on Mowi ASA stock, see the GB:0OAW Stock Forecast page.

More about Mowi ASA

Mowi ASA is a leading company in the aquaculture industry, primarily focused on the production and distribution of farmed salmon. It operates globally, providing high-quality seafood products to various markets.

Average Trading Volume: 765,219

Current Market Cap: NOK117.7B

Learn more about 0OAW 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