Monday, August 15, 2011

Cooke aquaculture fails to get bigger stake in Clearwater

Cooke aquaculture made a bid for Clearwater Seafood and failed as the Clearwater company rejected the offer of Cooke aquaculture. Cooke made the offer of CAN$3.50 (€2.475) per unit, making it worth CAN$159 (€112.445) million.

Clearwater issued a statement which indicate that they were not interested in selling and that at least 50 percent of their investors were in agreement. From Clearwater's stand point Cooke offer was too low. Read more ...

This blog is written by Martin Little, The Aquaculturists, published and supported by the International Aquafeed Magazine from Perendale Publishers

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