(Adds proposed dividend, support for deal)
Aug 6 (Reuters) - Australian fish farmer Huon Aquaculture Group Ltd (HUO) said on Friday it agreed to be acquired by JBS SA JBSS3.SA , the world's largest meatpacker, in an all-cash deal for A$425 million ($314.12 million).
The Brazilian meatpacker will pay A$3.85 per Huon share, a 38% premium on the stock's closing price on Friday.
Huon, based in Australia's southern island state of Tasmania, said it also intends on paying a fully franked special dividend of up to A$0.125 per share just before the deal with JBS is completed.
"Our acquisition of Huon enables us to further grow our Australian protein business and strengthen our presence with consumers," JBS Australia's Chief Executive Officer Brent Eastwood said.
Huon said its board recommended the deal to shareholders. ($1 = 1.3530 Australian dollars)
