Copeinca’s board of directors is advises shareholders to refrain from taking any action and exercise caution in respect to their shares in the company after the news of China Fishery Group’s deal to acquire 13.9 percent of the Peruvian firm.
“The board is, together with its advisors, actively considering any and all available options to maximize shareholder value, including by soliciting interest from potential alternative bidders,” the company said.
The board also said it is “pleased to note that interesting dialogues have already been established with potentially interest parties attracted by Copeinca’s leading operational platform and market position.”