With teasers sent out on July 7, the sale process of Icelandic USA, Icelandic Northwest, Sjovik Blue-Ice and Dalian Three Star Seafood is well underway.

IntraFish understands the teaser has been sent out to numerous seafood industry and financial players by Bank of America Merrill Lynch, which is advising on the sale.

“It seems they are chumming the water,” said a U.S. based executive who received the teaser.

However, several sources IntraFish has spoken with have all said they are concerned Pacific Andes might have the opportunity to make the first offer, having bought