Mitsubishi’s Bid to Raise Stake in Thai Union Falls Short, Offer Withdrawn

Thai Union, one of the largest seafood processing and sales firms and a leader in the canned tuna business, filed an announcement with the Stock Exchange of Thailand today, confirming that Mitsubishi’s offer to buy 13.81% of Thai Union’s shares has now lapsed.
The offer was described on August 4 in a joint announcement from Mitsubishi and Thai Union, as Expana reported. It ran for fifteen business days, ending Friday, September 26, 2025.
If the offer had been accepted, it would have increased Mitsubishi’s stake in Thai Union...
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