HUO huon aquaculture group limited
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Forrest threatens to block Huon sale on green groundsJames...

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    11/08/21
    11:12
    Post #: 55197369

    Forrest threatens to block Huon sale on green grounds


    James ThomsonColumnist
    Updated Aug 11, 2021 – 10.34am,first published at 9.57am

    Billionaire Andrew Forrest has emerged as the kingmaker in the $550 million takeover of Tasmanian salmon farming group Huon Aquaculture by Brazilian meat giant JBS, building an 18.5 per cent stake big enough to block the deal and writing to both JBS and Huon demanding they commit to higher farming and environmental standards.

    HUO Price at posting: $3.83 Sentiment: None Disclosure: Held
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