Rumors are ripe over who might take over surimi and shrimp contracts, but Pescanova’s largest customer is not giving any sign of wanting to change supplier, sources told Undercurrent News Continue reading
Category Archives: World
Rising raw material, labor costs hit China processor’s margins
Frankfurt-listed Haikui Seafood earnings dive 17% as raw materials and labor costs hit its margins Continue reading
Day of drama
The Cermaq vote and tug of war with Marine Harvest is painted in dramatic colors in the Norwegian media Continue reading
Deloitte still scrambles for support for €55m Pescanova loan
Regional government declines to give support for loan, despite warnings that delay will ‘complicate’ the future of the company Continue reading
Cermaq, Marine Harvest shares jump on back of key vote
Vote paved way for Marine Harvest’s plans to form a salmon farming and processing giant, with bid to be unveiled Thursday Continue reading
Cermaq to take stock of higher Marine Harvest bid
‘Today is day of reflection’, says CFO, as company will assess both Marine Harvest bid and alternative ways to complete Copeinca deal Continue reading
Victory for Marine Harvest, China Fishery as Cermaq votes against Copeinca deal
Vote leaves door open for Marine Harvest and China Fishery’s takeover ambitions as shareholders vote against Cermaq’s proposed takeover of Copeinca Continue reading
83.9% attendance at Cermaq meeting
Shareholders representing 83.9% of share voting rights are on attendance at Cermaq’s meeting this Tuesday Continue reading
China Fishery to launch new, maybe higher, takeover offer for Copeinca
Offer will be launched if Cermaq shareholders vote this Tuesday down the proposed rights issue needed for Cermaq to fund its rival Copeinca bid Continue reading
Marine Harvest confirms will to increase Cermaq offer
Hours before Cermaq shareholders are due to vote on the Copeinca transaction, Marine Harvest confirms it is willing to raise its potential bid for Cermaq Continue reading