29.08.2013 19:52:00
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Corporacion Pesquera Inca S.A.C. (Copeinca) -- Moody's says that China Fishery Group's acquisition does not affect Copeinca´s B2 Positive rating at this time
Mexico, August 29, 2013 -- Moody's said today that it does not expect at this time any change in Corporación Pesquera Inca, S.A.C.'s (Copeinca) B2 senior unsecured ratings or positive outlook from the announcement that its shareholders accepted China Fishery Group's tender offer for 20,222 of its shares, which combined with the current stake already owned by the Chinese company, would translate into a 99.1% ownership of Copeinca's shares. The transaction's settlement is expected to take place on August 30, 2013.