Creditors have one month to file their claims, while investigation continues into Pescanova's chairman Manuel Fernandez Continue reading
Tag Archives: Pescanova
Court: Pescanova board, chairman breached duty to regulator
Court lists reasons for extraordinary decision to replace Fernandez and board at helm of Pescanova Continue reading
Judge takes running of Pescanova away from Fernandez
As a commercial court in Spain accepts Pescanova’s application for insolvency, judge rules chairman Manuel Fernandez de Sousa-Faro can no longer run the company Continue reading
Focus shifts to Pescanova asset value
As the stricken Spanish seafood giant looks to divest divisions for liquidity, focus is shifting somewhat from its debt level to the real value of its sprawling range of assets Continue reading
Pescanova cancels Brussels stand
Next week’s Brussels seafood show will have a conspicuous Pescanova-sized hole, although the company’s precarious position will be one of the major talking points of the event Continue reading
Sources: CP eyes Pescanova shrimp farms
With disease hitting its shrimp farms in Thailand, Charoen Pokphand Foods is a likely bidder for Pescanova’s shrimp farms in Latin America, shrimp sector sources told Undercurrent News Continue reading
Fernandez knocks back $78m offer for Pescanova Chilean farms
Reported offers for Pescanova's Chilean operations are well below the $250m the company was asking for Continue reading
Spanish government backs Pescanova
Minister of agriculture, food and environment says the government supports Pescanova's continuation
Fernandez reveals €9.3m loan to Pescanova
Pescanova chairman issued three-month loan to company, while himself earning €32m from sale of stake in group Continue reading
HSBC calls for Pesca Chile bankruptcy
Bank submits request for Pescanova Chilean subsidiary, including salmon farms, to go into bankruptcy Continue reading