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Pescanova

Battle for Pesca Chile assets heats up as chairman warns of legal debacle

Pescanova chairman Juan Manuel Urgoiti took to the Chilean media to warn that the company would use all legal means possible to prevent a sale of its former Chilean subsidiaries

By Undercurrent News | Jan. 22, 2014 14:02 GMT
Pescanova launches legal offensive to stop Acuinova sale
Juan Manuel Urgoiti, chairman of Pescanova
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Workers process farmed salmon in a plant at Acuinova Chile, located in Puerto Chacabuco, which lies 1,625 km (1,010 miles) south of the capital Santiago February 28, 2009. REUTERS/Victor Ruiz Caballero

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The fight for Pescanova's Chilean subsidiaries is heating up. Pescanova's chairman Juan Manuel Urgoiti has now taken to the Chilean media to warn that a sale of the assets would lead to a lengthy legal battle. [...]

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