Investment holding company Groupe Bruxelles Lambert (GBL), through its wholly-owned subsidiary Owen Capital, has offloaded approximately 18.1 million ordinary shares worth just over NOK 4 billion (€385.5 million/$404.5 million) in salmon farming giant Mowi.

GBL successfully completed the sale, corresponding to 3.5 percent of Mowi’s share capital, by way of an accelerated bookbuilding process at a price of NOK 222 (€21.3/$22.3) per share.

GBL announced June 21 it was launching an accelerated bookbuilding process to institutional investors for up to approximately 18.1