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IBL: Princes merger culminates 18 months of work; will reduce high debt

Tuna plant merger will see IBL own 44% in Princes Tuna Mauritius, and will significantly reduce IBL's debt, says Mauritian tuna canner

By Undercurrent News | Dec. 18, 2014 10:31 GMT
Ireland Blyth CEO stands down as tuna arm takes ongoing hit from Thai-EU trade
IBL, majority owner of Mauritius canner thon des Mascareignes. Photo: IBL
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The recently announced merger of Mauritian tuna canners Thon des Mascareignes and Princes Tuna Mauritius is the culmination of 18 months of work, said the domestic conglomerate Ireland Blyth Limited (IBL) [...]

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