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.
Pesantar case will leave Nissui in illegal status Argentina
FIS had the opportunity to have a chat with Pesantar former manager, on the situation in which his complaint is regarding the fishing in Falklands by a vessel of Japanese Nissui Group company.
Research results presented on American eel Dominican Republic
The current situation of American eel in the mouths of the rivers of the country's Atlantic coast was studied in the first phase of a research project which involved institutions linked to the Dominican Republic aquaculture industry.
Calvo Group seeks new export markets El Salvador
Grupo Calvo is seeking new markets this year, with the goal of being a more internationally competitive company. Among the new countries it addresses are the UK, Russia, China, Germany, Vietnam and Belgium.