Shares in Chile’s Pesquera Camanchaca SA up more than 4 pct to 60.50 pesos ($0.0101) in mid-day trading Thursday on the Santiago Stock Exchange, just ahead of an IPO slated for its Chilean salmon farming unit.
** Chile’s Salmones Camanchaca, the company’s salmon-farming unit, to hold an IPO on the Santiago stock exchange on Friday.
** It will also issue deposit certificates (Norwegian Depositary Receipts) in Oslo.
** The increase in Pesquera Camanchaca’s share price, which leads the IPSA at mid-day, helps boost other salmon producers traded on Chile’s exchange, including Blumar, Multiexport y Australis.
($1 = 596.50 Chilean pesos)
Reporting by Felipe Iturrieta