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Thai Union margins set for short-term squeeze on shrimp price

Bumble Bee acquisition fee and drop in shrimp raw material prices expected to weaken earnings short-term, but tuna price rebound should strengthen them again, says analyst

By Undercurrent News | April 16, 2015 09:55 BST
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The financing of the Bumble Bee Foods acquisition, and a drop in shrimp raw material prices, are expected to weaken Thai Union Frozen Products' earnings in the short-term, according to a note from Bualuang Securities [...]

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