The Oslo Stock Exchange approved Pacific Andes-owned China Fishery's takeover bid for Peruvian fishmeal producer Copeinca.
The company, through its subsidiary Grand Success Investment, offered NOK 68.17 (€8.60/$11.40) per share for Copeinca -- a 14.2 percent premium over previous offers from Cermaq and China Fishery Group of NOK 59.70 (€7.50/$9.90) per share.
The acceptance period for the bid runs from and including July 17, 2013 to and including July,31, 2013 at 9.00pm CET.
The receiving agent is Skandinaviska Enskilda Banken AB, Oslo Branch.
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