Aarskog: Difficult to finance Cermaq acquisition including Copeinca

“For our part the acquisition of Cermaq is a huge investment," said Alf-Helge Aarskog, CEO of Marine Harvest. "If Copeinca is a part of Cermaq, it would be almost impossible to finance it.

"I’m not saying it would be impossible, but it would be extremely difficult. That's another reason why we are against the Copeinca acquisition,” Aarskog told IntraFish.

The offer of NOK 105 (€13.8/$18) per share price values Cermaq at NOK 9.7 billion (€1.3 billion/$1.7 billion). Cermaq’s bid for Copeinca prices the Peruvian company at NOK 4.2