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Provider: Reuters Investment Profile
Provider: Wright Reports
Provider: Wright Reports
Provider: SADIF-Investment Analytics, S.A.

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Selonda Aquaculture SA Announces Merger By Absorption By Dias Aquaculture SA

Thursday, 4 Apr 2013 04:06pm EDT 

Selonda Aquaculture SA announced its merger by absorption by Dias Aquaculture SA. The balance sheet transformation date will be April 30, 2013. Dias Aquaculture will continue operation after the merger with the name Selonda Aquaculture AEGE. The shareholders of Selonda will exchange each existing share of EUR 1.00 with 0.6955972 new shares of nominal value EUR 1.00. The shareholders of Dias Aquaculture will exchange each existing share of nominal value EUR 0.47 with 0.8357242 new shares of nominal value EUR 1.00. The new Board of Directors will be composed by four Members from Dias and three Member from Selonda. The group resulting from the merger will be the largest producer of sea bream and sea bass worldwide, with annual production of approximately 40,000 tons and about 1,500 employees. 

Company Quote

-0.021 -18.75%
23 Jul 2014