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Chinese soy sauce maker scraps $710m deal for giant tuna fishing firm

Chinese soy sauce maker Jiajia Food Group has canceled its planned $710 million acquisition of tuna-fishing firm Dalian Ocean Fishing Company

By Cyrus Chan | Jan. 13, 2021 17:11 GMT
Dalian Ocean Fishery Group Corp (Liaoyu Group)'s canned tuna in honey sauce for the domestic market.

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Chinese soy sauce maker Jiajia Food Group has canceled its planned CNY 4.7 billion ($710 million) acquisition of tuna-fishing firm Dalian Ocean Fishing Company (DOFC) over two years after the deal was first announced. [...]

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