1 Jul, 2011: Codfarmers and Atlantic Cod Farms to merge
Codfarmers ASA (COD) and Atlantic Cod Farms AS (ACF) have today entered into a letter of intent for the combination of the companies (the "Transaction"). The Transaction will be structured as a share for share exchange, under which the ACF shareholders will receive COD shares as consideration for their ACF shares. Based on the agreed exchange ratio and assuming 100% acceptance from the ACF shareholders, the COD shareholders and the ACF shareholders will own 51.1% and 48.9%, respectively, of the combined company.
Shrimp leads non-oil exports for the first time Ecuador
Between January and October this year, Ecuador exported shrimp for USD 2.17 billion, an amount that placed this product for the first time, ahead of bananas, generating USD 2.15 billion in sales.
Cargill abandons battle to acquire Nutreco Netherlands
After weighing all the relevant facts, including alternative potential investments, US company Cargill has decided not to acquire Nutreco, leaving SHV Holdings as the only bidder.
Copyright 1995 - 2014 Fish Info & Services Co.Ltd| All Rights Reserved. DISCLAIMER