Fishing and processing giant Pacific Andes International has reportedly been in talks with Icelandic Group’s board to acquire the plants since before the Brussels seafood show, but it seems an agreement is yet to be reached. Dutch lender Rabobank is reportedly working on the deal.
A source close to the process told IntraFish before the Brussels seafood show that a deal was set to be announced, but it seems negotiations are still continuing, according to several sources. The reason for this delay is thought to be price.
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