Categories: Economy

Cooke continues to buy Pescanova, with no changes to the offering

Author: cook

The communication clearly states that the transaction is still ongoing according to the terms of the preliminary contract signed with Abanco on April 13.

Canadian fishing group Cooke Seafood released a short message on its digital portal this weekend about the process of buying Nueva Pescanova. The press release wants to make it clear that the transaction is still ongoing according to the terms of the pre-contract signed with Abanco on April 13.

Under the title: “Statement on Nueva Pescanova”, the group owned by Glenn Cooke, who acts as CEO, states that it continues to audit or. deep analysis to various subsidiaries of the group, “work not yet completed”; and clarifies that it is working on the same pre-offer for the purchase chosen by Abanca —the entity that owns 97.8% of the Galician fishing company—, to enter into exclusive negotiations for the sale of Nueva Pescanova. “Cooke did not submit any new revised offer to Abanca,” it says in its statement.

Source: La Vozde Galicia

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