Provider: Wright Reports
Cermaq ASA: Business description, financial summary, 3yr and interim financials, key statistics/ratios and historical ratio analysis.
Provider: Reuters Investment Profile
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Cermaq ASA Not to Complete Voluntary Offer for Shares in Copeinca ASA; Updates on Dialogue with Marine Harvest ASA
Cermaq ASA announced that based on the outcome of the Annual General Meeting held on May 21, 2013, the Board of Directors of the Company has decided that the voluntary offer for all shares in Copeinca, which was announced on April 5, 2013, will not be completed. At the same time the Board decided not to accept the present voluntary offer from China Fishery Group for Copeinca’s shares. Cermaq stated though that the Company supports the Board of Copeinca exploring value creating solutions for the company's shareholders. Cermaq also announced that it has through its advisors initiated contact with Marine Harvest ASA (MHG), and the Board of Cermaq is positive to enter into a constructive dialogue if MHG chooses to present an offer with a price and structure which the Board of Cermaq finds appropriate to evaluate. In parallel, the Board of Cermaq pursues alternative strategic solutions to an acquisition by MHG and has established dialogue with other interested parties regarding solutions that may be attractive to the Company's shareholders.
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