Tassal recommends shareholders accept $1.1 billion takeover bid from Canadian seafood giant Cooke - ABC News


8/15/2022 12:00:00 AM2 years 8 months ago
by Adam Langenberg

These unassuming Canadians have just offered $1.1 billion to take over Tasmania's last locally owned salmon producer, turning the company private — in a move that has some worried for the environment and accountability.

The last remaining Australian-owned major salmon producer looks set to go to foreign hands, after Canadian aquaculture company Cooke upped its offer for Tassal. Key points: