Mowi, the world's largest salmon farmer, said Monday it reached an agreement to acquire a controlling stake in Icelandic farmer Arctic Fish to acquire 51.28 percent of the shares in the company from rival SalMar as part of a deal clearing the way for the latter's merger with NTS.
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Salmon farming giant Mowi makes first purchase in Iceland as part of merger process for rival firms
The deal is the result of the European Commission giving the green-light to the mega-merger of SalMar and NTS.
31 October 2022 16:11 GMT
Updated
31 October 2022 17:45 GMT
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