Australia is a global heavyweight when it comes to exporting food - so why can’t we produce or hang on to any big listed food companies?
The fourth bid has been the charm for Canadian giant Cooke,which has secured the Tasmania-based salmon grower after a long pursuit.
Salmon is clearly protein’s new black and there is a corporate scramble to buy those producing it as the bid by Canada’s Cooke for ASX-listed Tasmanian group Tassal shows.
Canadian aquaculture giant Cooke may need to lift its offer for Tassal above $5 per share if it is to succeed in its billion dollar pursuit of
ASX-listed aquaculture companies Tassal and Huon are debating the health of Macquarie Harbour,an important salmon fishery on the apple isle's west coast.