Copeinca hires advisers after buyout bid

Copeinca, Peru's No. 2 fish exporter, said on Monday it has hired a team of financial advisors to "explore alternatives" after it received a USD 556 million unsolicited buyout bid from China Fishery Group.

Two of Copeinca's controlling shareholders rejected the bid in February, though third said it would be considered. Smaller retail investors could still accept the offer.

UBS, DNB Markets and Carnegie will advise the Peruvian company on its options.

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