Mitsubishi's takeover offer for Norwegian salmon farmer Cermaq could getshareholders considerably more for its assets than if they had accepted theMarine Harvest's bid a year ago.
“The state has now received an offer that in total amounts to asubstantially higher price than that Marine Harvest was willing to pay forCermaq last year,” so the appraisal the state made last year has proved to be asensible one, Kjetil Lye, analyst at Handelsbanken Capital Markets told IntraFish.
The bid submitted by Marine Harvest for Cermaq, which still included feedcompany Ewos in April last year, amounted to NOK 105 (€12.90/$16.40)
