UK: Young’s Bluecrest to be sold to Canadian firm?
Britain’s oldest seafood brand, Young's Bluecrest , could soon be sold to one of two suitors for up to £150m (US$210.8m). Established in 1805, 70% of the company was sold to Legal & General Ventures in 1999. LGV has now revealed its intention to sell the stake however, and has short listed two venture-capital firms as potential buyers. The forerunner is believed to be
Established in 1805, 70% of the company was sold to Legal & General Ventures in 1999.
LGV has now revealed its intention to sell the stake however, and has short listed two venture-capital firms as potential buyers. The forerunner is believed to be Canada’s Fishery Products International. The other unnamed firm is British.
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