date:Apr 12, 2013
China Fishery Group on Thursday upped the stakes in its battle to acquire Copeinca with a new takeover offer that matches one from Cermaq.
China Fishery increased its offer price for the Peruvian fishmeal company from NOK 53.85 (USD 9.45, EUR 7.19) to NOK 59.70 (USD 10.47, EUR 7.97), to match Cermaqa own NOK 59.70 bid. China Fishery has also extended its offer to include the 11.7 million new Copeinca shares issued to Cermaq on 5 April, meaning its offer is now for the entire company.
The incre