
Thai Union buys Bumble Bee from Lion Capital for $1.5b
Thai Union Frozen Products, the world’s largest producer of canned seafood, has agreed to buy Bumble Bee Seafoods from US-based GP Lion Capital for $1.5 billion.
The transaction includes approximately $760 million in debt, according to a regulatory filing. Lion Capital bought the business from Centre Partners for $980 million in late 2010. Bumble Bee generated...
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