Marine Harvest today (7 May) upped the ante in their hostile takeover by writing an 'open letter to shareholders of Cermaq'.
The trade industry bible Intrafish reported (7 May):
The 'open letter to shareholders of Cermaq' included:
The open letter to Cermaq shareholders admits there are "challenges with regards to fish health" and "unresolved environmental and disease challenges":
The letter refers to "considerable concerns" in Chile with respect to "outbreaks of disease and high levels of sea lice":
Read the letter in full online here
Cermaq shareholders – you have been warned several times before!
A mega-merger between Marine Harvest and Cermaq would create
mega-problems. Before last year's Marine Harvest AGM, Alexandra Morton wrote to Marine Harvest's current CEO Alf-Helge Aarskog:
Cermaq was also informed prior to their AGM in 2012 of the disease risks in British Columbia in particular.
Cermaq were warned back in May 2011 when GAAIA wrote to the Board of
Directors, the Oslo Stock Exchange, shareholders and financial analysts
concerning the non-disclosure of disease data. Read the letter online here
Cermaq's new CEO Jon Hindar was warned again in May 2012 of the
disease risks associated with Cermaq's operations in British Columbia. Read the letter online here
Read more via Cermaq's Disease Problems Go Viral!
For more news on the mega-merger read:
- Round 2: Marine Harvest's Counter-Punch for Cermaq?
- Clash of the Titans: Cermaq Vs Marine Harvest
- Mmm Mega-Marine Harvest: Super-Liced Salmon!
Intrafish reported (7 May):
The article concluded:
Read article in full and keep up to date on all the latest news from Intrafish online here
Cermaq fought back and went on the "PR offensive" – according to Intrafish (7 May) – "to combat misinformation from Marine Harvest bid":
Marine Harvest's charm offensive also included the release of a glossy brochure:
The case for a mega-merger was laid out – including:
Read brochure in full online here
For more news on the mega-merger read: