date:Apr 07, 2013
e for all remaining stock in Copeinca, valuing the company at 3.49 billion crowns ($601.6 million), exceeding China Fishery Group's 53.85 crown bid.
It said it would finance the transaction partly through a 1.6 billion crown share issue, which it aims to complete by June.
Copeinca's Oslo-listed shares rose 3.75 percent to 62.25 crowns on Friday, indicating expectations for a higher offer than Cermaq's 59.70 crowns.
Cermaq is already assured control, however, after gaining irrevocable commitme