Mitsubishi Boosts Stake in Thai Union Group to 20% in Strategic Seafood Partnership

Mitsubishi Corporation (MC) announced it has agreed to an enhanced business alliance with Thai Union Group. The deal will see MC acquire 13.81% of Thai Union’s total issued shares, increasing its stake in the firm from 6.19 to 20%.
MC highlighted the global rise in seafood demand, led by population growth and shifting consumer preferences. The company sees tuna as an item that stands out for its “widespread appeal” in both developed and emerging markets, the species that is the backbone of Thai Union’s business...
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