IntraFish recently reported Marine Harvest’s main shareholder, John Fredriksen, blocked the acquisition of AquaChile earlier this year, when the price tag was $1.3 billion (€967.9 million).
Chilean fish farmers are battling disease and a high salmon mortality rate; salmon production is stagnant for the third consecutive year. Despite the disease problems, salmon farming in Chile remains a veritable money machine.
In February, Norway-based salmon farmer Cermaq walked away from a potential deal to buy AquaChile over concerns similar to those of Marine Harvest.
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How much will it cost to buy AquaChile?
The asking price for Chile-based salmon farming company AquaChile seems likely to drop as the company struggles to find a willing suitor, IntraFish has learned.
31 May 2007 13:32 GMT
Updated
9 May 2016 11:34 GMT
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