Finance

Cash call: Land-based salmon farmer Atlantic Sapphire turning to major shareholders for money after breaching loan requirement

DNB Markets and Arctic Securities have been hired to explore potential financing routes to ensure a sufficiently large cash buffer.

Atlantic Sapphire CEO Johan Andreassen is facing yet another crisis at the struggling salmon farming company.
Atlantic Sapphire CEO Johan Andreassen is facing yet another crisis at the struggling salmon farming company.Photo: IntraFish
Land-based salmonLand-based aquacultureRecirculating Aquaculture Systems (RAS)Johan AndreasenAtlantic Sapphire
Published 27 August 2023, 23:23Updated 28 August 2023, 03:10