Thai Union's decision to divest its holding in the US Chicken of the Sea brand -- should the proposed acquisition of Bumble Bee go through -- is the "right move" for the Asian processing giant, analysts canvassed by IntraFish, said.
Last week, Thirapong Chansiri, CEO of Thai Union, told a news conference the firm has already prepared potential buyers for Chicken of the Sea.
The company is expecting to hear on Dec. 18 whether US authorities will approve the $1.51 billion (€1.4
