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Business deals

Tuna king Thai Union doubles stake in Russian joint venture

Deal opens up growth in European and Russian markets

Thai Union Group makes 40% of its sales in the U.S. and 30% in Europe. (Photo by Marimi Kishimoto)

BANGKOK -- Thai Union Group, the world's biggest seller of canned tuna, has doubled to 90% its stake in an operator of Russian seafood units in a bid to make further inroads in the European market.

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