China Fishery Group raised its stake in Peruvian fish feed maker Copeinca to 74.3 percent from 65.3 percent after settling a dispute with a Peruvian investor who had refused to sell, Copeinca said in a statement on Friday.
Singapore-listed China Fishery Group has been seeking to buy shares from Peru’s Veramar Azul S.L. through a call option and has threatened the firm with arbitration over its failure to honor the option.
