Sector in play

E33 is already in play as we know. This re enforces the point

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Tassal Group says that it has received a non-binding, indicative, incomplete and conditional proposal from Cooke Inc. to acquire 100% of Tassal’s ordinary shares for cash consideration of A$4.85 per share.
• Board has determined that the proposal does not reflect the fundamental value of the business and is not in the best interests of shareholders
o Has determined not to engage with Cooke regarding the proposal
o Shareholders do not need to take any action
• Board believes Tassal has an attractive independent future
• Tassal is being advised by Goldman Sachs as its financial advisor and Herbert Smith Freehills as its legal advisor
• The latest proposal follows previous indicative non-binding confidential proposals received from Cooke for A$4.67 and A$4.80 per share; Board evaluated those proposals and chose not to engage in relation to them