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Battle of titans

Marine Harvest bid increase ‘rather cheap’

Bid undervalues Cermaq and will make it hard for Marine Harvest to obtain 50% approval, but sweetener is a possibility, says analyst

By Eva Tallaksen | May 31, 2013 10:25 BST
High Norway salmon harvest weights raise fears of oversupply
Marine Harvest Norway
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Marine Harvest's offer of NOK 107 per share for Cermaq is low and will make it hard for Marine Harvest to obtain 50% approval, said Maarten Bakker, analyst at ABN Amro [...]

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