China Fishery Group raised its stake in Peruvian fish feed maker Copeinca to 97.7% through a voluntary takeover offer, the firm said on Thursday.
China Fishery pursued Oslo-listed Copeinca, currently worth US$820 million ($1.04 billion), for months, and won the battle after Norway's Cermaq was forced to withdraw when minority shareholders revolted.
Thursday, August 1, 2013
China Fishery Group gets 98% of Copeinca
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