Copeinca Taps Trio to Fend off Chinese

Copeinca Taps Trio to Fend off Chinese

Peru China M&A

Copeinca has hired UBS, DNB Markets and Carnegie as advisors, it says, as the Peruvian fishery attempts to defend itself from an unsolicited takeover attempt by China Fishery Group (CFG). It is exploring “strategic alternatives,” including alternative bidders, after CFG announced an approximately $550m offer for Copeinca’s outstanding shares last week. Calling the offer unattractive, Copeinca says none of the shareholders represented on its board have entered into any agreements with CFG. Both D

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