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9 months ago
BRIEF-Thai Union Group board approves acquisition of minority stake in Red Lobster
October 10, 2016 / 4:55 PM / 9 months ago

BRIEF-Thai Union Group board approves acquisition of minority stake in Red Lobster

1 Min Read

Oct 10 (Reuters) - Thai Union Group PCL :

* Board approved acquisition of 1.7 million Red Lobster Master Holdings Units, 100 percent class H shares in GGCOF RL Blocker

* Deal for aggregate purchase price of $575 million

* Approved entry into by co of bridge loan facility agreement of up to 20.10 billion baht with financial institutions in Thailand for acquisition Source text: bit.ly/2dFD7To Further company coverage:

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