It was mid-April when Abanca finished collecting the petals of the daisy and reported: Nueva selected a buyer for 80 percent of Pescanova’s capital. It was about Canadians. Cooke Inc.A. Holding company A product produced on family-owned tuna farms cared for by Faro, but expanded worldwide with operations in Spain (Culmarex), Argentina, Scotland, Argentina and Uruguay. At the time, sources at the financial institution were confident that the transfer would be completed in mid-June: due diligence and close the economic terms of the sale.
The visible borders revealed price differences between the two sides, and in the summer, Contacts have entered a phase stand byAs this newspaper revealed. Despite Cooke’s boss Glenn Cooke defending his good deal with Abanca at the start of the month and remaining interested in a buyout The president of the Galicia bank has just finished these conversations. “We have decided to suspend the search for an industrial partner,” Juan Carlos Escotet said at an event in Vigo this morning.
Property of Nueva Pescanova so keep a disposal project in the drawer A sales book on which he worked for over two years and for which he distributed widely eventually attracted the attention of three groups: Cooke himself, Red Chambers, and Iberconsa, also of Vigo (through its owner, North American fund Platinum Equity).
“We have clearly prioritized strengthening and enabling the strategic plan that is now underway,” Escotet added. “There will always be time for this [en referencia a la venta], is not our priority. “The company is doing well.”