Provider: Wright Reports
Copeinca ASA: Business description, financial summary, 3yr and interim financials, key statistics/ratios and historical ratio analysis.
Provider: Reuters Investment Profile
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Copeinca ASA Announces Update from Board of Director Regarding Voluntary Offers
Copeinca ASA announced that the Company's Board has been informed by each of Dyer Coriat Holding SL (DCH) and Weilheim Investments SL (Weilheim) that each of them will not accept the current offer from China Fishery Group Ltd (CFGL). Together with the announcement from Cermaq saying that the Company will not accept the current offer for Copeinca from CFGL, this means that shareholders controlling 51.5% of Copeinca's outstanding shares will not accept the current offer from CFGL and the Board consequently recognizes that the CFGL offer condition of minimum 50.1% acceptance will not be satisfied. The Board will reinitiate a process which will seek to maximize value for all Copeinca's shareholders by soliciting interest from parties potentially interested in acquiring Copeinca. The Board is confident that Cermaq, DCH and/or Weilheim would consider favorably any transaction that may result from such process, provided that this would be in the best interest of all Copeinca's shareholders.
Latest Developments for Copeinca ASA
- China Fishery Group Ltd's Subsidiary Completes Mandatory Offer for Copeinca ASA
- Copeinca ASA Announces Preliminary Results of Mandatory Offer Made by China Fishery Group Limited's Subsidiary
- Copeinca ASA's Board Of Directors Recommends Shareholders to Accept Mandatory Offer Made by China Fishery Group Limited's Subsidiary
- China Fishery Group Ltd's Subsidiary Launches Mandatory Offer for Shares in Copeinca ASA
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