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Japan's Umios to Acquire Major Canadian Seafood Processor

Tokyo, Oct. 27 (Jiji Press)--Japanese seafood company Umios Corp. has said it will make Canadian seafood processing firm High Liner Foods Inc. a wholly owned subsidiary in a bid to strengthen its operations in the North American market. Umios, formerly Maruha Nichiro Corp., plans to acquire all outstanding shares in High Liner Foods for 804 million Canadian dollars in January next year, foll...

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