Environmentalists call on treasurer to reject Brazilian meat giant’s bid for Tasmanian salmon farmer
by Adam Morton Climate and environment editor from Environment | The Guardian on (#5NG2K)
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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