Big catch: Thai Union snaps up Bumble Bee

Thai Union agrees to buy Bumble Bee from private equity firm Lion Capital for $1.5 billion in the company's largest acquisition ever.

Big catch: Thai Union snaps up Bumble Bee

Thai Union Frozen Products has agreed to buy Bumble Bee Foods from private equity firm Lion Capital for $1.5 billion in a deal that is expected to boost its revenues but could face keen scrutiny from US anti-trust regulators.

Bumble Bee, which was founded in 1899 by a handful of fishermen, is one of the top three canned tuna companies in the US. The other two are Starkist, which is owned by Korea's Dongwon group, and Chicken of...

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