Huon suitor JBS and Cargill join bid to end deforestation Meat processing giant JBS, which is in the process of buying Tasmanian salmon farmer Huon Aquaculture, is among 10 global commodity companies to sign up to a pledge to end deforestation in the supply chain by 2030 as part of efforts to limit climate change.
Shareholders back JBS takeover of Aussie salmon farmer Huon Shareholders in Huon Aquaculture have overwhelmingly approved a A$425 million (£233m) takeover of the Tasmanian salmon farmer by Brazilian meat processing giant JBS. A total of 99.8% approved the A$3.85-per-share offer in a vote earlier today.
Huon buyer JBS approved by Aussie deals watchdog The proposed takeover of Tasmanian salmon farmer Huon Aquaculture by Brazilian meat processing giant JBS has been given the green light by Australia’s Foreign Investment Review Board (FIRB).
Huon posts A$128m loss Tasmanian salmon farmer Huon Aquaculture made a statutory loss of A$128 million (£67.6m) for the 12 months ended 30 June 2021, it announced overnight.
JBS is offering a great deal, insists Huon chairman Tasmanian salmon farmer Huon Aquaculture has reiterated its view that a takeover offer by Brazil-based multinational meat processing giant JBS offers “compelling value” to shareholders.
Brazilian meat giant JBA to buy Huon Aquaculture Cash-strapped Tasmanian salmon producer Huon Aquaculture is to be sold to the Australian subsidiary of Brazilian meat giant JBS SA in a deal that values the fish farmer at A$425 million (£226m).
Brazilian meat giant linked to Huon takeover Cash-strapped Tasmanian salmon farmer Huon Aquaculture might be bought by Brazilian meat processor JBS, according to Australian media reports.
Huon opens its books to potential buyers Cash-strapped Huon Aquaculture has opened its books to potential buyers so they can carry out due diligence on the company, the Tasmanian salmon farmer said in a market update today.
Ocean-loving mining tycoon buys A$20m share of Huon Aquaculture Australia’s second richest person, mining mogul Andrew “Twiggy” Forrest, has spent almost A$20 million (£10.8m) to buy a 7.33% stake in Tasmanian salmon farmer Huon Aquaculture.
Huon launches strategic review after corporate offers Cash-strapped Tasmanian salmon farmer Huon Aquaculture is considering a sale after receiving approaches from potential strategic partners and investors.
Huon warns of ‘substantially lower’ earnings Tasmanian salmon farmer Huon Aquaculture has warned that operating profit for its 2021 financial year (FY2021) will be substantially lower than the AU$47.3 million achieved the year before.
Five charged over alleged £2.3m salmon thefts at Huon processing plant Five people employed by Tasmanian salmon farmer Huon Aquaculture have been charged over their alleged roles in the theft of up to 250 tonnes of salmon with a retail value of more than AU$4 million (£2.3m) from a processing plant in south-west Sydney.
Huon blames net cleaning error for escape of up to 130,000 fish A net tear that resulted in the escape of between 120,000 and 130,000 young salmon was probably caused by net cleaning operations, Tasmanian salmon farmer Huon Aquaculture has said.
Huon loses up to 130,000 fish in second escape in 9 days Between 120,000 and 130,000 salmon have escaped from a cage at a farm run by Tasmanian salmon farmer Huon Aquaculture.
