High Liner Foods Enters into Agreement to Be Acquired by Umios for C$27.00 per Share in Cash

High Liner Foods agreed to be acquired by Umios Corporation for C$27.00 per share in cash, a fully financed offer representing a 79% premium to its October 23, 2026 closing price and an 86% premium to its 20-day volume-weighted average price. The deal was unanimously approved by High Liner’s board and is supported by Thornridge, which owns about 41.4% of the company’s shares. Completion is expected in the first quarter of 2027; High Liner will become the core of Umios’ North American business, with its headquarters remaining in Nova Scotia.