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Premium Brands Holdings outlines acquisition plans for Clearwater

Historic deal closes: Premium Brands, Indigenous Group complete bid to buy Clearwater Seafoods Incorporated | Dentons

2 Clearwater’s subsidiaries are located in Atlantic Canada, Scotland, England, the US, Argentina and Luxembourg. A  joint press release from Clearwater and the Mi’kmaq coalition stated: “Given the importance of this investment opportunity to the future prosperity of Mi kmaq communities, all First Nations in Nova Scotia along with Miawpukek First Nation from Newfoundland and Labrador were provided the opportunity to participate in the collective investment…Commercial investments in the seafood sector are a strategic investment to advance the prosperity of First Nations communities.” On January 6, 2021, the Competition Bureau of Canada issued a no-action letter, allowing the parties to move quickly to complete the complicated transaction.

First Nations group calls for more input into ESG standards

The Globe and Mail Bookmark Please log in to listen to this story. Also available in French and Mandarin. Log In Create Free Account Getting audio file . This translation has been automatically generated and has not been verified for accuracy. Full Disclaimer The Highland Valley Copper mine, owned by NameTeck Resources, lies within the traditional territory of the Nlaka’pamux First Nation in B.C. A group of First Nations with resource development projects on their traditional territories is calling for a new approach to ESG, or environmental, social and governance, standards, saying existing systems have been developed without Indigenous input.

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