An unknown buyer signed a Letter of Intent to acquire Iceland Seafood UK Ltd from Iceland Seafood International hf. (ICSE:ICESEA) on December 5, 2022. The LOI is a legally non-binding document but its provisions will serve as key terms in the event of the potential transaction. The parties have agreed to run a swift due diligence process with the aim to complete a binding agreement before end of December.
An unknown buyer cancelled the acquisition of Iceland Seafood UK Ltd from Iceland Seafood International hf. (ICSE:ICESEA) on December 14, 2022. Iceland Seafood International will now revert back to communication with other interested parties.