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US investigates tuna brands

Thai Union suspends share offering to finance Bumble Bee deal amid DOJ antitrust probe

Thai Union share price dives 5.5% as it 'temporarily' suspends share offering supposed to finance Bumble Bee deal, amid DOJ antitrust investigation of US packaged seafood sector

By Undercurrent News | July 23, 2015 05:59 BST
Bumble Bee Foods
Bumble Bee Foods tuna.
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Thai Union Frozen Products confirmed the US Department of Justice (DOJ) is conducting an antitrust investigation of the US packaged seafood industry, meaning the Bangkok-based company has decided to suspend a share offering intended to finance the acquisition of Bumble Bee Foods [...]

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