Bain, Altor Raise Bid For Cermaq Unit to $1.1B To Clinch Deal

Private equity firms Bain Capital and Altor increased their offer for the EWOS processing unit of Norwegian fish farmer Cermaq to 6.5 billion crowns ($1.08 billion) from 6.2 billion to clinch a deal after a month of talks, Cermaq said on July 18.