One can bet Oceana Group is hoping Lucky Star -- South Africa's well-loved canned fish brand name -- will influence the parent company's fortunes in the coming months. A stroke of good luck is just what Oceana needs at the moment.

South Africa's largest fishing enterprise, Oceana Group, hit a roadblock in its quest to acquire South African food company Foodcorp’s fishing business, which is currently under consideration by the Competition Tribunal in South Africa.

The commission found the merger would negatively affect competition in the canned pilchards market in South Africa.

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