date:Apr 12, 2013
ase in the offer price may cause the acquisition to exceed the USD 600 million (EUR 457 million) originally approved by China Fisherys shareholders. The new offer has yet to be approved, the company said shareholders of 70.51 percent of China Fishery have given irrevocable undertakings to vote in favor of the move, as have shareholders of 54.9 percent of parent company Pacific Andes.
China Fishery currently controls 32.3 percent of Copeincas shares and the offer was extended to 10 May from 12 A