OSLO May 10 China Fishery Group will
extend its offer to buy shares in Peruvian fishmeal firm
Copeinca to May 23, until after Cermaq's
general assembly is due to approve or reject Cermaq's takeover
of Copeinca, the Asian fisheries firm said on Friday.
Norway's Cermaq has currently enough shares to control
Copeinca. However, Marine Harvest, the world's largest
fish farmer, has launched a hostile bid for Cermaq, with the
condition that the latter stops its takeover of Copeinca.
Were Cermaq shareholders to reject the Copeinca transaction
and accept Marine Harvest's offer on May 21, China Fishery Group
could have another chance at taking control of Copeinca.
(Reporting by Gwladys Fouche)