Camanchaca will pay nearly $90 million for remaining stake in Pesca Sur

Camanchaca and Grupo Bio Bio sought arbitration to resolve a disagreement relating to the sale of a 30 percent stake in Camanchaca's Pesca Sur pelagic division.

The valuation by arbitrators was nearly double that made by Camanchaca CEO Ricardo Garcia. — The valuation by arbitrators was nearly double that made by Camanchaca CEO Ricardo Garcia.Photo: IntraFish

John Evans

Correspondent

Camanchaca Ricardo Garcia

Published 26 March 2024, 21:51Updated 17 April 2024, 17:41