Just been looking at salmon stocks and noticed NZK has collapsed and Tassal is now owned by Canadians!
Nov 21, 2022 | News | Return to NewsHOBART, TASMANIA, AUSTRALIA and SAINT JOHN, NEW BRUNSWICK, CANADA – Cooke Inc. (“Cooke”), parent company of Cooke Aquaculture Inc. of New Brunswick, Canada, today announced the completion of its acquisition of Tassal Group Limited (ASX: TGR) (“Tassal”) of Australia, under which Cooke (via a wholly-owned Australian subsidiary) has acquired all outstanding shares of Tassal for AUD $5.23 per share in cash by way of a scheme of arrangement (“Scheme”) or a total enterprise value of approximately AUD $1.7B (CAD $1.5B). This follows a Tassal shareholder vote held on November 3, 2022, with voting majorities that overwhelmingly approved the Scheme. Final approval of the Scheme was ordered by the Supreme Court of New South Wales on November 8, 2022.
