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US investigates tuna brands

Analyst: Thai Union could sell Chicken of the Sea to buy Bumble Bee

An analyst believes that Thai Union could sell its Chicken Union of the Sea brand to appease American antitrust regulators

By Jason Smith | Aug. 17, 2015 18:01 BST
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An investment analyst that follows Thai Union Frozen Products believes that in a “worst-case scenario” for the planned $1.5 billion merger between it and Bumble Bee Foods, the former may consider selling its Chicken of the Sea canned tuna brand if the merger is complicated by an ongoing antitrust investigation by the US Department of Justice (DOJ). [...]

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