Page 2 - Frances Bender News Today : Breaking News, Live Updates & Top Stories | Vimarsana

The Foreign Investment Review Board is examining applications to buy Huon Aquaculture from Brazil’s JBS and Canada’s Cooke Seafood.

Not everyone in Tasmania is on board with the mining magnate’s bid to thwart a $500 million takeover of Tasmanian salmon producer Huon on environmental grounds.

WA billionaire Andrew Forrest’s investment company Tattarang has spent $43 million this week to increase its Huon stake to 18.5 per cent in a move that complicates the $550 million JBS takeover.

Normal text size Very large text size We push off from the jetty before dawn, launching into the water in a dreamy half-light. Shadowy headlands, coastal cliffs and eucalypts shrouded in fog glide in and out of view as we cruise down the D’Entrecasteaux Channel, the waterway between Bruny Island and the mainland of south-east Tasmania. Lines of seagulls sweep alongside us. Gerard Castles is at the wheel of his small but gutsy fishing boat, a Bar Crusher. “It’s like a pocket battleship,” he says of his recent purchase, which replaces a tinny. Visibility is poor, the rain soft but persi...