Norne Securities analyst Anders Gjendemsjo has a recommended buying price for Cermaq's shares of NOK 107 -- the same as offered by Marine Harvest Friday morning.
“It’s almost as if they have read my analyses, “ Gjendemsjo told IntraFish jokingly.
He disagrees with Cermaq's suggestion the offer is too low and does not reflect the company's underlying value.
“In that respect we disagree somewhat," he said. "However I see a distinct synergy effect in a merged company and that effect should perhaps be considered to a greater extent in the offer."
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