Cooke acquires Omega Protein for nearly USD 500 million

Cooke Aquaculture’s parent company has acquired Texas-based fish oil and fishmeal producer Omega Protein for nearly USD 500 million (EUR 428 million). The agreement has been unanimously approved by the board of directors of each of Omega Protein and Cooke, according to a press release. Cooke Inc., based in New Brunswick, Canada, and Houston-headquartered Omega Protein agreed to a purchase price of USD 22.00 (EUR 18.81) per share for the publicly traded company.,, The transaction, which is expected to close near the end of 2017 or early in 2018, according to Cooke, is subject to the approval of Omega Protein stockholders, certain regulatory approvals, and other customary closing conditions. click here to read the story 14:30

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.