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Capvest in talks to acquire frozen food brand Young's Seafood

Private equity firm CapVest Ltd. is in talks to buy British frozen food brand Young's Seafood Ltd., the Daily Mail reported, citing unnamed sources.

The owners of Young's Seafood, which include Lion Capital LLP and Bain Capital LP, are reportedly in advanced talks for the sale of the company, which could be valued at up to £200 million, the report said.