Cooke, Red Chamber offered 'blank check' to buy Nueva Pescanova for €700 million

Abanca has held meetings with Red Chamber and Cooke to propose a flexible financing structure allowing them to take over Nueva Pescanova, according to Spanish media.

Pescanova 2021 earnings. Ignacio Gonzalez/Nueva Pescanova.
Pescanova 2021 earnings. Ignacio Gonzalez/Nueva Pescanova.Photo: Nueva Pescanova
Published 22 March 2023, 13:48Updated 23 March 2023, 11:51
Nueva PescanovaCookeRed ChamberSpainMergers & Acquisitions