Umios agrees to buy High Liner Foods for CAD 27 per share in cash

• Umios will acquire High Liner Foods for C$ 27 per common share in cash.
• The deal values the business at approximately C$ 804 million in fully diluted equity value and C$ 1.25 billion in enterprise value.
• The offer represents premiums of 79% to the October 23, 2026, closing price and 86% to the 20-day volume-weighted average price.
• The fully financed transaction is expected to close in the first quarter of 2027, subject to shareholder, court and regulatory approvals.
• Umios plans to use the business as its North American growth platform, retaining its Nova Scotia headquarters, workforce and operations.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. High Liner Foods Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202610260711PR_NEWS_USPR_____TO80503) on October 26, 2026, and is solely responsible for the information contained therein.