Marine Harvest ASA has acquired 4,341,000 shares in Cermaq, corresponding to 4.7 percent of the share capital in Cermaq, and is planning to purchase the rest of the company for a total acquisition price of NOK 9.7 billion ($1.7 billion/€1.3 billion), conditional on Cermaq shareholders rejecting plans to buy Copeinca.
Earlier this month, Oslo-listed salmon producer Cermaq purchased a 50.7 percent stake in Peruvian fishmeal producer Copeinca, buying out the controlling family as well as acquiring new shares and treasury shares.
Marine
