Shanghai Kaichuang raising cash for deals in North America, Europe
Chinese firm plans to raise up to CNY 880m in a private placement, to finance deals for Spain’s Albo and French Creek Seafood of Canada
Thai Union could use Chicken of the Sea sale proceeds to avoid tapping markets for Bumble Bee deal
The proceeds of the possible Chicken of the Sea sale might mean Thai Union can avoid further capital raising to finance the planned acquisition of Bumble Bee, says CEO
Thai Union has buyers lined up for Chicken of the Sea
If DOJ gives go-ahead for Bumble Bee deal by Dec. 18, Thai Union will divest Chicken of the Sea and reportedly has buyers lined up
Thai labor office investigating Golden Prize over abuses
Migrant Workers Rights Network is now working with officials from Thailand's labor protection office to document the alleged abuses at the tuna cannery
Spanish tuna supplier confirmed FoS
Atunlo, a joint venture between tuna firms Inpesca, Pevasa and Coper, has obtained renewal of the certification
ISSF calls for reduced fishing effort, longliner capacity in WCPFC
The International Seafood Sustainability Foundation has called for the management body to cut fishing days, protecting skipjack and bigeye tuna
Wild Planet named in ‘under filling’ lawsuit alongside Safeway
The same plaintiff who sued US grocer Safeway earlier this month alleging that it was selling under-filled cans of tuna to consumers has filed suit against a distributor
US tuna price fixing lawsuits: Chicken of the Sea is whistleblower, Tri Marine subpoenaed
Thai Union-owned firm, not Starkist, is likely whistleblower in the DOJ probe of packaged seafood sector in the US, with Tri Marine also now cited in some lawsuits
Thai Union Q3 sales growth bucks falling shrimp, tuna prices
Despite Q3 profits falling y-o-y, Thai Union reported sales and operating profit growth in spite of the falling prices for shrimp and tuna raw material
Safeway accused of cheating consumers with under-filled tuna cans
Class action filed in court in California accuses supermarket chain of selling customers albacore and light-meat tuna cans that were under-filled