Pacific Andes-owned fishing group China Fishery Group on Monday announced it would offer NOK 68.17 (€8.6/$11.4) per share for Copeinca -- a 14.2 percent premium over the latest offers from Cermaq and China Fishery Group of NOK 59.70 (€7.5/$9.9) per share.
The offer is a 26.6 percent premium over its original voluntary offer of NOK 53.85 (€6.8/$9). The new offer values Copeinca's share capital at NOK 4.8 billion.
Copeinca said it "welcomes" the new offer, a stark turnaround for the company, which was embroiled in a bitter battle resisting what eventually became a hostile takeover attempt.
Norwegian
