Thai Union 'actively engaged' in negotiations for Red Lobster sale

The company, which has been a strategic partner and minority investor in Red Lobster since 2016, said it is close to a 'successful divestment.'

Thiraphong Chansiri, president and CEO of Thai Union, has expressed concerns over losses from Red Lobster. — Thiraphong Chansiri, president and CEO of Thai Union, has expressed concerns over losses from Red Lobster.Photo: Thai Union

Rachel Sapin

Correspondent

Red Lobster Thai Union Foodservice Earnings COVID

Published 13 May 2024, 22:13Updated 23 May 2024, 08:49