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Chile salmon M&A

Acuinova, Nova Austral sales get green light

Both Chilean operations are expected to be sold shortly, while a new creditors' meeting will be held on June 23, to assess the formulas to sell the farms

By Undercurrent News | June 18, 2014 17:33 BST
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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Creditors have decided to authorize the sale of Acuinova and Nova Austral, both salmon farmers owned by Pescanova's subsidiary, Pesca Chile [...]

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