“After speaking with most of our shareholders it was apparent to me Marine Harvest wouldn't achieve sufficient support for its bid,” Jon Hindar, CEO at Cermaq, told IntraFish, in reaction to Friday's news that Marine Harvest dropped its offer for the company.
The outcome tallied with his forecast. Marine Harvest did not manage to convince enough Cermaq shareholders to sell their shares to Marine Harvest, and failed to reach its acceptance level of 33.4 percent.
“This is totally as we had expected, and doesn’t come as any surprise to me,” said Hindar.
