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Paine struggles to sell Icicle

Sources: Paine more likely to entertain Icicle breakup after collapse of Soetantyo deal

Paine & Partners was pushing hard to sell business as one, but collapse of deal to Indonesian group makes a sale in parts more likely, sources say

By Tom Seaman | Sept. 8, 2015 16:15 BST
Icicle Seafoods
Northern Victor, one of Icicle's processing vessels.
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The termination of the deal to sell Icicle Seafoods to interests linked to Indonesia’s Soetantyo family means Paine & Partners is more likely to entertain breaking up the diversified company, sources told Undercurrent News [...]

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