Company given extension of eight days to submit its accounts for second half of 2012 Continue reading
Tag Archives: Pescanova
Focus turns to Pescanova ‘black hole’
Subsidiary had debts of €806m on sales of just €1m – and was wholly unaudited, say Spanish media reports Continue reading
Pescanova to ask for €50m lifeline
Struggling Spanish company in need of urgent liquidity, says media report Continue reading
KPMG to start Pescanova debt brief Friday
There will be some new faces in Pescanova’s office on Friday, as 'big four' accounting firm starts its brief Continue reading
Pescanova debt could be ‘five times its assets’
Sale of assets could be critical to restructuring plan, say creditors Continue reading
Banks give Pescanova 10 days deadline; father of Basque leader touted as ‘number two’
Pescanova must come up with full 2012 earnings figures and roadmap within 10 days, say banks, as Damm calls for extraordinary council Continue reading
Sources: Marine Harvest, Aquachile sit back as Pescanova drama unfolds
Salmon firms in Norway and Chile are tracking the Pescanova drama, with bank sources in Spain saying Pescanova will need to sell a lot more than its Chilean farms Continue reading
Third Pescanova board member disputes Fernandez version of meeting
Third Pescanova director comes out and says he didn’t vote in favor of restructuring, after Damm and Luxempart disputed the version of the meeting put out by the company late last Thursday Continue reading
Damm, Luxempart dispute Pescanova chairman’s version of meeting
Pescanova’s second and third largest shareholders dispute the account of Thursday’s meeting given in a statement from chairman Manuel Fernandez Continue reading
Sources: Pescanova looking to sell shrimp farms
Hasty aquaculture expansion seems to be one of the reasons for Pescanova's current predicament, with sources saying the company is touting some of its shrimp operations for sale, as well as its Chilean salmon farms Continue reading
(200 results)