China Fishery's decision to increase its bid to match Cermaq's offer for Copeinca "doesn't really change anything" for Cermaq, company CEO Jon Hindar told IntraFish.
"We are the factor in control," he said.
In a surprise move, China Fishery said Thursday it would increase its bid to match Cermaq's offer of NOK 59.70 (€8/$10.3), after Cermaq secured 50.7 percent of Copeinca last week.
Cermaq said at that time it would submit an offer for the remaining shares in the Peruvian fishmeal producer, which is still scheduled to happen, Hindar said.
