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Pescanova

Pescanova says Austral stake sold for €29.5m

50% stake in Australian fishing group was sold for €29.5m, says Pescanova, as Deloitte report shows Austral was in talks to ink a new credit line after accumulating debts of more than €15m by end of April

By Tom Seaman and Eva Tallaksen | Dec. 5, 2013 07:21 GMT
Owner and chairman of Maruha-backed Austral Fisheries has passed away
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Pescanova said the sale of its 50% stake in Austral Fisheries to Maruha Nichiro was priced at €29.5 million, and resulted in a capital gain of €17.9m. [...]

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Contact the authors [email protected], [email protected]

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