TGR News: Australia's Tassal accepts sweetened $1.2 billion bid from Canada's Cooke - 16th Aug 2022, 9:47am

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(Reuters) - Tassal Group said on Tuesday it had accepted a sweetened A$5.23 per share takeover offer from Canadian aquaculture company Cooke Inc, giving the Australia-based salmon producer an enterprise value of A$1.70 billion ($1.19 billion).

The deal will give Cooke access to Tassal's salmon farms spanning five marine zones, four freshwater hatcheries and four processing facilities in Tasmania, as well as prawn farming and seafood processing businesses in New South Wales and Queensland.

The ...

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