date:Apr 09, 2013
China Fishery Group is still trying to figure out how to react to a move by Oslo, Norway-listed Cermaqs purchase of a controlling interest in Copeincas shares.
China Fishery, after acquiring 9.9 percent of the Peruvian fishmeal and fish oil company, had made an offer of about USD 500 million for the companys remaining shares, but after Copeinca rejected that offer, Cermaq purchased 50.7 percent of the companys shares for more than USD 800 million.
The board is in consultation with its advisors