January 5/Reykjavik, Iceland/M&A Navigator -- Canadian frozen seafood specialist High Liner Foods Inc. said it has filed an unsolicited proposal for the takeover of Reykjavik-based seafood supplier Icelandic Group for a total of 340 million euros ($453 million).
The purchase price includes 170 million for taking over Icelandic Group's liabilities and 170 million for its equity.