The UK competition authority, the Competition Commission, has authorised Pan Fish' acquisition of Marine Harvest.
The UK Competition Commission has concluded that the acquisition is not resulting in substantial lessening of competition.
Pan Fish is pleased with this final decision, which is in line with the provisional findings that were communicated in a company disclosure to the Oslo Stock Exchange 8 November 2006.
With the approval from the UK Competition Commission, Pan Fish ASA has received authorisation from all relevant Competition Authorities. Based on this final approval, the closing of the transaction will be executed as soon as possible and the three companies Fjord Seafood, Pan Fish and Marine Harvest will be merged into one.
For further information, please contact:
CEO Atle Eide, +47 911 52 977
CFO Trine Sæther Romuld, +47 991 63 632