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.

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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.