Norwegian seafood farming company Cermaq has hired a second financial adviser, as the company plans for its future after rejecting a buyout bid.
The company has hired Deutsche Bank, in addition to ABG Sundal Collier, to serve as adviser. The move comes after Cermaq rejected an offer by rival Marine Harvest to buy a controlling interest in the company.
“In light of this, Cermaq continues to evaluate its strategic options with the objective of optimizing value and safeguarding the interests of its shareholders at large,” Cermaq said in a statement. “As a consequence Deutsche Bank AG has been retained as financial adviser in addition to ABGSC to further assist Cermaq on these matters.”
