News Summary June 30, 2026
Today's Top Story: Cooke to Take Over Mowi's Atlantic Canada Salmon Farms in $158 Million Deal
Front and center today, Cooke agrees to acquire Mowi's Atlantic Canada salmon farming operations for CAD 225 million ($158 million) on a debt-free basis, covering operations across New Brunswick, Prince Edward Island, and Newfoundland and Labrador, including hatcheries, sea farms, and two processing plants. The deal allows Mowi to exit a region that posted negative €39.8 million EBIT in 2025 while Cooke gains 250 employees and approximately 9,000 GWT of standing biomass, with closing expected in the second half of 2026...
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