Schibsted ASA (OB:SCHA) seeks acquisitions. The company’s Chief Financial Officer and Executive Vice President, Trond Berger in a conference call said, "Just to remind you, we have a strong balance sheet. We have a target to have leverage on net interest-bearing debt to EBITDA between 1 to 2, and we are below that. So we believe it right to be in a good position to continue to look for mergers and acquisitions and allow ourselves to be slightly overcapitalized compared with the targets. We have done some of these acquisitions over the last couple of years and also the big one in Brazil. We're very happy with all those. So we will continue to look for these kind of M&A deals and allow ourselves to be somewhat or slightly (inaudible) as we say”.