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AquaChile again okays $340m capital increase to pay for Magallanes deal

The board of Chilean salmon farmer Empresas AquaChile has closed on its contract to buy Salmones Magallanes, giving it the capacity to farm an extra 23,000 metric tons of salmon

By Undercurrent News | Feb. 13, 2019 15:36 GMT
Salmones Magallanes Chile salmon
Salmones Magallanes Chile salmon
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The board of Chilean salmon farmer Empresas AquaChile has again signed off on a plan to increase the company's capital by up to $340 million in order to pay off debts incurred by its $255m of Salmones Magallanes [...]

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