Norwegian fish producers Pan Fish ASA said yesterday (5 April) that it is yet to decide whether or not to launch a bid for shares in Fjord Seafood ASA.
Pan Fish currently has a 40% stake in Fjord and, the company said in a statement, it is happy with this level of investment.
The company said that it was evaluating whether or not to make an offer for the remaining 60% of shares but had not yet reached a decision. This, Pan Fish said, was part of an ongoing strategic review of how to develop the business.
The release was issued in response to Fjord Seafood’s announcement on Wednesday that it had been informed that Pan Fish was considering making an offer on remaining shares.