decrease font size
increase font size
change type face
bookmark this page
email this page
print this page
TheFishSite Latest News
Friday, January 19, 2007
Print This Page Norweigan Aquaculture company Cermaq eyes Chile buy
CHILE - Norwegian fish farming group Cermaq is reportedly considering a billion dollar purchase to further expand its operations.Cermaq said on Thursday it was in contact with the owner of Empresas Aqua Chile about a possible transaction."Discussions are at an early stage and it is not yet clear if there is a basis for an agreed transaction," Cermaq said in a statement. "Clarification of whether there is a basis to proceed from the opening discussions is expected over the next few weeks," it said.
Shares in Cermaq rose 8.4 percent at the Oslo bourse to NOK 103 at 0925 GMT.
Cermaq is the world's second largest fish feed producer and among the biggest farmers of salmon and trout. It has fish farming operations in Norway, Chile, Canada and Scotland.
To continue reading this article please click here
Source: Aftenposten
Latest Industry News
Britain Makes the Switch to Sustainable Species
Council Supports Local Oyster Industry
EU Approves Block Exemption for State Aid
500 Marine Protected Areas Established in Philippines
Parliament Passes Fisheries Bill
Scottish Fishermenn Maintain Pressure over Fuel
Update on Ganglioneuritis Virus in Abalone
Lack of Fish Farming Policy Force Prices Down
Governor Impressed by Seafood Industry
New Zealand Fast Forward Bold Step Forward








