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Golden Gate sells remaining Red Lobster stake to Thai Union-led investment group

The new investment group is called Seafood Alliance and it also involves two long-time restaurant industry leaders

By Matilde Mereghetti and Jason Huffman | Aug. 31, 2020 14:32 BST
A Red Lobster restaurant in New York, US. Red Lobster is owned by Thai Union Group. Credit: pisaphotography/Shutterstock.com
A Red Lobster restaurant in New York, US. Credit: pisaphotography/Shutterstock.com
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Golden Gate Capital, a California, US-based investment firm, on Monday announced that it has agreed to sell its remaining 75% equity stake in the Red Lobster Seafood Co. to a new investment group led by Thai Union Group.  [...]

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Contact the authors [email protected], [email protected]

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