Marine Harvest gathers enough votes to block Cermaq's acquisition of Copeinca.
Copeinca's chairman Samuel Dyer Coriat expects Cermaq will present a new financing plan for purchasing the Peruvian company.
What now for Cermaq after the vote count at its AGM which enables Marine Harvest to block placement to finance the acquisition of Copeinca?
Marine Harvest chairman Ole-Eirik Leroy tells IntraFish of the nerve-wracking Cermaq AGM and the opportunity of building a 'new seafood company' the likes of which the world has not seen.
Cermaq's CFO Tore Valderhaug said the company is looking at other opportunities with Marine Harvest and Copeinca.
Group sees new opening for takeover.
A spike in pink salmon production looks likely to end up more in cans than in frozen blocks as season begins.
Company using private investments to transform wild-oyster business to oyster farming operation.
Over 77.6 million of a total of 92.5 million shares represented at today's General Meeting of Cermaq.
Cermaq's Board "will now evaluate alternative courses of action for Cermaq's further engagement in Copeinca."
This takeover bid is subject to the outcome of the Cermaq AGM today where shareholders will decide on Copeinca deal.
Samuel Dyert Coriat got 70% of the votes at today's Cermaq AGM, and will be a member of the Cermaq board if Copeinca's acquisition is completed.
First new vessels in two decades mark a 'significant investment' company says.
King & Prince's Northwest facility creates 'interesting dynamic' for product development.
Why are consumers willing to pay €230 for 500g of smoked salmon? IntraFish talks to the producer one of the most expensive salmon in the world.
Retailer apologizes to customers.
The North American industry was better prepared this year, insiders say.
'Terrible' weather on Thursday kept a lot of the fleet home.
Group files complaint with UK advertising watchdog over retailer's Scottish salmon claims.
Total food and drinks purchasing up 3 percent over past 12 months.
Private equity firm expands its reach in seafood.
Stormy weather cuts fishing effort; fishermen see prices in the $5 range.
Company upbeat about its future.
Salmar sell off sends Bakkafrost down
New finding in Aysen region near most recent outbreaks.
Fisheries are better regulated and managed in Peru, says Austevoll exec, with Norway having lessons to learn.
The move is a consequence of increased herring quota by the Faroe Islands.
Gusty winds and high swells force many fishermen to remain in the harbor.
Chairman being investigated for alleged distortion of economic financial information, annual accounting fraud and use of insider information.
Thirty-three products are now bearing the MSC eco-stamp.
The salmon giant's expansion will have a huge impact on the feed market, either through the acquisition of Cermaq or another major takeover in the sector.
Demand from northern European countries -- and Russia -- is increasing but low market prices could hinder a further expansion.
Europe’s economic crisis is not causing Leroy Seafood Group a headache -- on the contrary.
Company hit by soft markets, challenges in fishing and farming operations.
But buyers pushing back on continually rising prices.
For the first time since 2000, fresh Alaska salmon won't be able to show its MSC eco-label credentials.
Sustainable fishing could lead to better lending terms.
Thai Union hopes baht woes will ease in the second half of the year.
Michael Cusack will join Icicle in the role of executive vice president, sales and marketing.
With the state-backed company buying into a foreign fishery, major questions remain unanswered, group says.
Cermaq, Copeinca deal is causing a brisk debate about state ownership in the Norwegian parliament.
Investment in company didn't pan out as planned for Catalan brewer Damm.
Villa Organic, on the other hand, is an "exciting company," says CEO Beltestad.
But company predicts strong year ahead on the back of strong demand and high fishmeal and fish oil prices.
Company exec predicts 'boom' years ahead for salmon. Marine Harvest's merger plans are 'no concern' for the sector.
EU fisheries reform plan falls short of outright discards ban, leaving green NGOs disappointed.
Consumer goods and media industry veteran Elio Leoni Sceti is following in Martin Glenn's footsteps.
Company cuts 66% acceptance requirement from Cermaq shareholders, following gov't rejection for offer.
Company allegedly used false invoices to generate liquidity.
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