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Marine Harvest AGM Approves Mechanisms for Cermaq Takeover

Lucy Towers
27 May 2013, at 1:00am

NORWAY - Marine Harvest's board has approved the mechanisms which will allow the company to take over Cermaq.

In order to acquire Cermaq, the board requested for an authority to issue the number of shares necessary. 

The board thus proposes that the company’s share capital increase by up to NOK 615,000,000 through the issuance of up to 820,000,000 new shares, each with a nominal value of NOK 0.75.