Andrew Forrest takes $20m stake in Tasmania’s controversial salmon industry
by Michael McGowan from on (#5KBWN)
Mining billionaire's private investment arm, Tattarang, hauls in 7.33% stake in Huon Aquaculture
The iron ore billionaire Andrew Twiggy" Forrest has waded into Tasmania's controversial salmon industry investing almost $20m in the troubled Huon Aquaculture Group.
Through his family's private investment arm, Tattarang, Forrest has hauled in a 7.33% stake in the Tasmanian salmon farmer, with a statement made to the Australian Stock Exchange late on Monday confirming the purchase.
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