One of the trawlers of Yuken. (Photo Credit: Yuken)
(NEW ZEALAND, 8/28/2013)
Sealord confirmed the sale of all its shares in the Argentinean firm Yuken S.A to an undisclosed buyer. With this sale, the New Zealander capital group is terminating its activities in a firm that has suffered heavy losses during the thirteen years it operated in Argentina.
The transaction concluded on 16 August 2013 but its details have not been made public.
Graham Stuart, Sealord’s CEO, expressed his pleasure at the fact that the lengthy operation had finally finished after two years.
“During this time, we had engaged with a number of international firms that had expressed interest in buying Yuken ...
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