Foreign takeover of Tasmanian salmon farmer puts state’s marine life at risk, activists say – Rights History
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Foreign takeover of Tasmanian salmon farmer puts state’s marine life at risk, activists say

Cooke Aquaculture, which has a history of environmental controversies, acquired Tassal after shareholders backed billion-dollar deal

Campaigners fear the foreign takeover of Tasmanian salmon farmer Tassal – approved at a shareholder meeting on Thursday morning – will further risk environmentally sensitive shallow waters in the state.

At a company meeting in Melbourne, Tassal shareholders voted strongly in favour of the takeover – reportedly worth $1.7bn – by Canadian salmon producer Cooke Aquaculture.

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