Published: August 18, 2021
Josh Frydenberg urged to use foreign investment review powers to reject JBS’s bid for Huon Aquaculture
Tasmanian environmentalists have called on the federal treasurer, Josh Frydenberg, to reject a proposed takeover of a major Australian salmon farming business following allegations made against the Brazil-based buyer.
JBS, a multinational meat-packing giant, earlier this month made an offer to buy Huon Aquaculture, Australia’s second-largest salmon farmer, with a share offer reportedly worth more than $500m.
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