Thai Union terminates $1.5b acquisition deal with US seafood firm Bumble Bee

Thai Union terminates $1.5b acquisition deal with US seafood firm Bumble Bee

Visual from the Bumble Bee website

Due to a prolonged waiting period for the regulators’ approval, Thai Union Group PCL (TU), the world’s largest canned-tuna exporter, on Friday announced that it has terminated the big-ticket acquisition of California-based Bumble Bee LLC from private equity firm Lion Capital.

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