Canada’s Cooke Group lands Avramar Greece after all

Avramar Greece, the largest food farming institution successful Greece, is yet heading to the Cooke Group, arsenic creditors, making a 180-degree turn from the determination they had taken connected February 12, person decided to proceed with exclusive negotiations with the Canadian giant.

The Cooke Group, the largest unlisted radical successful the world successful the aquaculture sector, and the creditors signed a memorandum of understanding connected Tuesday evening which provides that the statement for the transfer of Avramar will beryllium finalized successful the adjacent two weeks, with the terms for the acquisition of the loans astatine €200 million.

The wealth is expected to beryllium paid within 120 days.