China’s Legend Said to Consider Bid for Seafood Seller Iberconsa

Chinese conglomerate Legend Holdings Corp. is among companies considering bids for a majority stake in Spanish frozen-seafood seller Grupo Iberconsa, people familiar with the matter said.

The Beijing-based firm has been speaking with advisers about a possible offer, according to the people, who asked not to be identified because the details are private. Pamplona Capital Management is also weighing a bid for Iberconsa, which could be valued at about 600 million euros ($698 million), the people said.

Deliberations are at an early stage, and there’s no certainty they will proceed with offers for the business, the people said.

Madrid-based private ...