The deal will be funded by the consortium through a combination of cash, bank loans, an issue of 19.2 million Sea Harvest ordinary shares and vendor funding, the Group said in a statement.
Since listing in 2017, Sea Harvest has actively sought to grow its business through acquisitions, as part of its strategy to become one of the largest and most diversified food and seafood product black-owned firms.
Privately held Viking Group was founded in 19...
High-stakes herring fishery gamble Canada
Fisheries and Oceans Canada is gambling with a public resource when it comes to herring fishery management. Herring populations are so important yet so variable that managing them in a conventional wa...
Tuna fishing season in the Pacific Ocean began Mexico
The National Aquaculture and Fisheries Commission (CONAPESCA) announced that on Monday, January 20, the tuna fishing season began with purse-seine vessels in the Pacific Ocean.
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