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Mowi ASA ( (GB:0OAW) ) has provided an announcement.
Mowi ASA has received approval from the EU Commission to increase its ownership stake in Nova Sea AS from 49% to 95%, marking a significant step in the acquisition process. The transaction now awaits approval from the Norwegian competition authority, which, once obtained, will allow Mowi to consolidate its position in the seafood industry, potentially enhancing its market influence and operational capabilities.
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 seafood industry, primarily focusing on the production and sale of farmed salmon. The company operates globally and is a significant player in the aquaculture sector, known for its commitment to sustainable seafood production.
Average Trading Volume: 760,119
Current Market Cap: NOK118.1B
Learn more about 0OAW stock on TipRanks’ Stock Analysis page.