Picture of China Fishery logo

B0Z — China Fishery News Story

0.000.00%
sg flag iconLast trade - 00:00
Consumer DefensivesMicro Cap

China Fishery Group launches offer for remaining Copeinca shares

OSLO, June 24 (Reuters) - China Fishery Group  CNFG.SI  is launching an offer for all remaining shares in Peruvian fishmeal firm Copeinca  COPE.OL , once the target of a bidding war with Norwegian fish farmer Cermaq  CEQ.OL . China Fishery Group's latest offer is 68.17 crowns per share, 8.47 crowns above the offer it made for the company in April. Copeinca shares closed at 58.0 crowns on Friday. China Fishery Group said it effectively controlled 74.23 percent of Copeinca shares. Cermaq said later it welcomed China Fishery Group's offer and has pre-accepted to sell its shares in Copeinca to the Asian company.  ID:nWEB00745  (Reporting by Gwladys Fouche, editing by Henrik Stolen) ((gwladys.fouche@thomsonreuters.com)(+47 22 93 69 76)(Reuters Messaging: gwladys.fouche.reuters.com@reuters.net)) Keywords: CHINAFISHERYGROUP COPEINCA/

Recent news on China Fishery

See all news