The deal will be funded by the consortium through a combination of cash, bank loans, an issue of 19.2 million Sea Harvest ordinary shares and vendor funding, the Group said in a statement.
Since listing in 2017, Sea Harvest has actively sought to grow its business through acquisitions, as part of its strategy to become one of the largest and most diversified food and seafood product black-owned firms.
Privately held Viking Group was founded in 19...
StarKist Co. pleads guilty for canned tuna price fixing United States
StarKist Co., a subsidiary of South Korea’s Dongwon Group, has agreed to plead guilty for its role in a conspiracy to fix prices of packaged seafood sold in the United States, according to the Department of Justice.
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