Marine Harvest willing to raise its potential bid for Cermaq

Marine Harvest said Tuesday it will -- subject to the Copeinca transaction being voted down in today's annual general meeting (AGM) of Cermaq -- launch an offer for all outstanding shares of Cermaq of minimum NOK 105 (€14/$18) per share (including the proposed NOK 1 (€0.13/$0.17) dividend).

Marine Harvest said it "could be prepared to improve both the price and composition of our offer in order to find an amicable solution acceptable to all parties."

The main condition for the offer, however, remains; namely that the AGM of Cermaq first turns down the Copeinca transaction.