Cooke reaches agreement to acquire Tassal

Cooke reaches agreement to acquire Tassal

After multiple attempts, Cooke Inc. has finally reached an agreement to purchase all outstanding shares of Tassal for AUD 5.23 per share, valuing it at AUD 1.1 billion.
1 day ago
from: SeafoodSource

Continue reading...
Australia, Canada, Salmon, Takeover, Tasmania, Tassal
More about this
- Canadian Cooke hooks Tassal for $1.1 billion
Tassal has entered a Scheme Implementation Deed with Canadian aquaculture company Cooke to acquire 100 per cent of Tassal for $5.23 per share. The Tassal board unanimously recommends shareholders vote in favour for the scheme.
from: Food & Drink Business
- Australia's Tassal bites on fresh takeover offer from seafood peer Cooke
Tassal Group, the Australian seafood company, has approved a new takeover bid from Canada-based Cooke after turning down three offers.
from: just-food.com
- Tassal accepts $1.2 billion takeover bid from Canada's Cooke Aquaculture
Australia's Tassal Group announced that they have entered into a definitive takeover agreement with Cooke Aquaculture that will see outstanding shares sold at A$5.23 per share, giving the Australia-based salmon producer an enterprise value of A$1.70 ...
from: The Fish Site
- Canadian aquaculture company hooks a slice of Tassie salmon for the right price Bridget CarterFollow @BridgetCarterb
Canadian aquaculture company Cooke on the surface appears to have paid far less for seafood producer Tassal than JBS paid for its smaller rival, Huon, last year.
from: The Australian
- Canada snags a Tassie salmon giant
Tassal - our largest and last major Aussie-owned salmon producer - is set to end up in Canadian hands after aquaculture company Cooke boosted its takeover bid to $1.1 billion.
from: The Squiz
- Tassal recommends shareholders accept $1.1 billion takeover bid from Canadian seafood giant Cooke
These unassuming Canadians have just offered $1.1 billion to take over Tasmania's last locally owned salmon producer, turning the company private — in a move that has some worried for the environment and accountability.
from: ABC News
- Salmon campaigners spell doom over Tassal foreign buyout
The total foreign takeover of Tasmania's salmon industry has been sealed with the Canadian buyout of Tassal, environmentalists have declared.
from: The Mercury
- Tas salmon giant takeover bid 'chequered'
Conservationists have raised concerns about the environmental history of a Canadian company slated to take over Tasmanian aquaculture...
from: Crookwell Gazette
- Tassal delivers sturdy earnings as salmon farms reach scale and it becomes Australia's largest shrimp farmer
The company, which will soon be owned by Canadian aquaculture heavyweight Cooke, benefited from higher prices and increased scale.
from: IntraFish
- Canadian Cooke hooks Tassal for $1.1 billion
Tassal has entered a Scheme Implementation Deed with Canadian aquaculture company Cooke to acquire 100 per cent of Tassal for $5.23 per share. The Tassal board unanimously recommends shareholders vote in favour for the scheme.
from: Food & Drink Business
- Australia's Tassal bites on fresh takeover offer from seafood peer Cooke
Tassal Group, the Australian seafood company, has approved a new takeover bid from Canada-based Cooke after turning down three offers.
from: just-food.com
- Tassal accepts $1.2 billion takeover bid from Canada's Cooke Aquaculture
Australia's Tassal Group announced that they have entered into a definitive takeover agreement with Cooke Aquaculture that will see outstanding shares sold at A$5.23 per share, giving the Australia-based salmon producer an enterprise value of A$1.70 ...
from: The Fish Site
- Canadian aquaculture company hooks a slice of Tassie salmon for the right price Bridget CarterFollow @BridgetCarterb
Canadian aquaculture company Cooke on the surface appears to have paid far less for seafood producer Tassal than JBS paid for its smaller rival, Huon, last year.
from: The Australian
- Cooke reaches agreement to acquire Tassal
After multiple attempts, Cooke Inc. has finally reached an agreement to purchase all outstanding shares of Tassal for AUD 5.23 per share, valuing it at AUD 1.1 billion.
from: SeafoodSource
- Tassal recommends shareholders accept $1.1 billion takeover bid from Canadian seafood giant Cooke
These unassuming Canadians have just offered $1.1 billion to take over Tasmania's last locally owned salmon producer, turning the company private — in a move that has some worried for the environment and accountability.
from: ABC News
- Salmon campaigners spell doom over Tassal foreign buyout
The total foreign takeover of Tasmania's salmon industry has been sealed with the Canadian buyout of Tassal, environmentalists have declared.
from: The Mercury
- Cooke Aquaculture Announces $1.1-Billion Bid To Take Over Australian Seafood Company
Its salmon farms span five marine zones, four freshwater hatcheries, and four processing facilities in Tasmania. It also has prawn farming and seafood processing businesses in Australia. Cooke's agreement with Tassal comes just weeks after ...
from: Huddle Today
- Tassal delivers sturdy earnings as salmon farms reach scale and it becomes Australia's largest shrimp farmer
The company, which will soon be owned by Canadian aquaculture heavyweight Cooke, benefited from higher prices and increased scale.
from: IntraFish
- Cooke captures Australian target Tassal
The Cooke aquaculture group has acquired the large Tasmanian salmon farming company Tassal, which it has been tracking for the past two months. Cooke announced today that it has entered into a definitive agreement under which (via a wholly-owned ...
from: Fish Farmer Magazine
- Canadian suitor lands Tassal with $1.1b offer
Canadian aquaculture giant Cooke Inc. has Tassal Group in the net with a $1.1 billion takeover offer after a pursuit that has highlighted the value of Australian protein-producing assets to offshore buyers amid concerns about global food security.
from: The Australian Financial Review
- Tassal recommends shareholders accept $1.1 billion takeover bid from Canadian seafood giant Cooke
These unassuming Canadians have just offered $1.1 billion to take over Tasmania's last locally owned salmon producer, turning the company private — in a move that has some worried for the environment and accountability.
from: ABC News
- 'Very much Tasmanian': Salmon grower Tassal chief bats away foreign ownership concerns
The fourth bid has been the charm for Canadian giant Cooke, which has secured the Tasmania-based salmon grower after a long pursuit.
from: The Sydney Morning Herald
- Salmon campaigners spell doom over Tassal foreign buyout
The total foreign takeover of Tasmania's salmon industry has been sealed with the Canadian buyout of Tassal, environmentalists have declared.
from: The Mercury
- Tas salmon giant takeover bid 'chequered'
Conservationists have raised concerns about the environmental history of a Canadian company slated to take over Tasmanian aquaculture...
from: Yass Tribune
- Tassal agrees to $1.1bn takeover by Canadian seafood giant Cooke
Its a case of fourth-time lucky for Canadian seafood giant Cooke, which has won over the board of Tasmanian salmon producer Tassal with a 1.1bn bid.
from: The Australian
- Australia's Tassal accepts sweetened $1.2 bln bid from Canada's Cooke
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).
from: Reuters
- Tassal signs $1.7b deal with Canadian seafood giant Cooke
Tasmanian salmon farming business Tassal Group looks set to be taken off the Australian Securities Exchange after signing a $1.7 billion deal to be bought-out by Canadian aquaculture group Cooke.
from: The Weekly Times
- Tasmanian salmon grower Tassal snapped up by Canadian giant for $1.1b
Canadian aquaculture giant Cooke has succeeded in its takeover bid for Tassal and will acquire the Tasmania-based salmon producer for $1.1 billion after three previous attempts that were knocked back. Cooke, which already owned 10.5 per cent stake in ...
from: The Age
- Famous Tasmanian salmon brand Tassal accepts $1 billion takeover bid from Canada's Cooke
The takeover deal will give the new owners access to farms and processing businesses across the country.
from: 7NEWS.com.au