Bids for Icicle Seafood lining up

The hope from Icicle’s owner Paine and Partners, which recently closed another fund that it intends to focus partly on seafood investments, is for the sale process to be closed soon,sources told Undercurrent News. There are US companies interested in buying the whole thing, as well as foreign players, sources said. A big talking point at the Boston show was how foreign companies would structure a deal for the pollock quota-owning part of Icicle, but that does not seem to be stopping interest. Foreign companies can only own 25% of US quota holders. Read the rest here 20:15

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