Reuters – Norway’s Cermaq Receives Rivalling Bid for Fish Feed Arm

Norwegian fish farmer Cermaq has received a rivalling indicative bid for its fish feed arm, EWOS, that it will pursue in parallel with the $1.1 bid from private equity firms Bain and Altor, writes Reuters. It aims to have a definitive agreement for the sale of EWOS executed in mid-July.

Reuters – Norwegian fish farmer Cermaq has received a rivalling indicative bid for its fish feed arm, EWOS, that it will pursue in parallel with the $1.1 bid from private equity firms Bain and Altor, the firm said in Monday.

It said the aim remains to have a definitive agreement for the sale of EWOS executed in mid-July. (Reporting by Victoria Klesty)