Friday, May 6, 2011

Cooke Aquaculture buys into Clearwater seafoods

Cooke Aquaculture is to acquire 2,900,000 trust Units of Clearwater Seafoods income fund at CAN$1.85 (€1.312) per unit, in a privately negotiated deal. The purchased units represent approximately 10.45 percent of the outstanding trust units of the Fund and approximately 5.67 percent of the voting rights attaching to all issued and outstanding securities of the Fund.



Following completion of the acquisition, Cooke will own 5,483,900 units, representing 19.76 percent of the outstanding trust units of the Fund and approximately 10.73 percent of the voting rights attaching to all issued and outstanding securities of the Fund. Cooke is acquiring the purchased units for investment purposes. Read more ...

This blog is written by Martin Little The Aquaculturists, published and supported by the International Aquafeed Magazine from Perendale Publishers

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