Cermaq is considering alternatives to finance the acquisition of Copeinca if the private placement is voted down at the annual general meeting on May 21.

“There are a lot of Cermaq shares changing hands now -- and we have no idea where they are going to," Jon Hindar, CEO at Cermaq told IntraFish. "I’m not ruling out that we may suffer a defeat at the general meeting about the rights issue.

"But that doesn’t mean acquiring Copeinca cannot be achieved. As a company we have the possibility to look at other solutions -- we’re currently looking at alternative financing to carry out the acquisition."

He