Thai Union set to acquire Bumble Bee for $1.5bn

Thai Union Frozen Products has entered into a binding agreement to acquire 100% of the shares of North America’s largest branded shelf-stable seafood company – Bumble Bee Foods. The $1.51 billion purchase is set to marry two of the most recognized seafood brands in the United States — San Diego-based Bumble Bee and Thai Union-owned Chicken of the Sea. Read the rest here 15:06