Canada's High Liner Foods (HLF.TO) HLF.A made an unsolicited offer to buy privately held seafood company Icelandic Group for 170 million euros ($226.2 million) to strengthen its presence in the United States. High Liner, a Nova Scotia-based frozen seafood processor, said it would also assume 170 million euros in debt. However, Icelandic Group, which supplies seafood in Europe and the United States, is negotiating with a European private equity firm and has indicated that it will not engage in any negotiations with other parties until Jan. 8, High Liner said in a statement.
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