The voluntary acceptance period for the offer by Norwegian seafood farmer Marine Harvest to buy out competitor Cermaq has expired, and due to lack of interest by Cermaq, the buyout offer is officially off the table.
A private investment group has made a NOK 6.2 billion (USD 1.1 billion, EUR 811.8 million) offer for Ewos, a subsidiary of Norwegian fish farming company Cermaq.
Women, children and adolescents should avoid eating farmed salmon, according to Norwegian doctors and international experts. The reason is that salmon feed contains harmful pollutants.
Norwegian seafood farming company Cermaq’s board of directors has unanimously voted to reject a takeover bid by rival Marine Harvest, and the board is urging shareholders to do the same.
After Norwegian seafood farmer Cermaq publicly stated it would reject an offer by rival Marine Harvest to buy it out, Marine Harvest has adjusted its offer in hopes of convincing the shareholders to sell.
As part of its decision to become an integrated protein company, Marine Harvest on Tuesday announced a plan to strengthen its value added products (VAP) division.
Norwegian fish farming company Cermaq has rejected a buyout offer from its rival, Marine Harvest, according to statements from both companies released today.
Marine Harvest is still negotiating an exact figure for its takeover bid for rival Cermaq, but the company announced today that it intends to continue pursuing its bid.
Cermaq subsidiary Norgrain on Tuesday announced it will sell its 49 percent shareholding in Norwegian soy products producer Denofa, to Brazilian group Amaggi for USD 16.3 million (EUR 12.6 million).
The Board of Directors of Cermaq ASA has today decided that the voluntary offer on all shares in Copeinca, which was announced 5th April, will not be completed.
Norwegian seafood farmer Cermaq has voted to abandon its bid to buy a controlling interest in Copeinca, paving the way for China Fishery Group to acquire the Peruvian fishmeal and fish oil producer.
