Cooke was lurking at salmon producer Tassal Group years ago, but never pulled the trigger.
Cooke, a company with about C$2 billion a year turnover, isn’t in the business of buying stakes in listed Australian companies. Clearly, it’s assessing all options at Tassal, including a takeover.It’s well-known CookeAdvertisementIn 2010, Australian buyout firm Pacific Equity Partners lobbed a reasonably aggressive $278 million bid Tassal, that ultimately fell flat.
For now, it’s understood to be in no rush to lob a bid, despite the corporate plumbing it has put in place. Kidder Williams and law firm Allens are in its corner. It would be ironic if Cooke’s interest turned into a takeover bid. Tassal’s salmon - and indeed Australia’s salmon industry - hails from Cooke’s homeland, New Brunswick.
co-edits Street Talk, specialising in private equity, investment banking, M&A and equity capital markets. He has 10 years' experience as a business journalist and worked at PwC, auditing and advising financial services companies.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Canadian seafood bigwig Cooke pops up at TassalListed salmon farmer Tassal Group has found itself in the crosshairs of Canada’s Cooke Aquaculture.Listed salmon farmer Tassal Group has found itself in the crosshairs of Canada’s Cooke Aquaculture.
Read more »
Canadian seafood bigwig Cooke pops up at TassalListed salmon farmer Tassal Group has found itself in the crosshairs of Canada’s Cooke Aquaculture.Listed salmon farmer Tassal Group has found itself in the crosshairs of Canada’s Cooke Aquaculture.
Read more »
'I feel absolutely amazing': Centenarians celebrated through artThere's not much 109-year-old Catherina van der Linden hasn't seen in her long life, but a portrait of herself is one thing.
Read more »
This is a class problem, not a generational oneAge readers discuss the characterisation of Baby Boomers as the ‘lucky’ generation.
Read more »
Australia’s aim is ‘reconciliation, not separation’
Read more »
Djokovic's one-word answer to US Open questionNovak Djokovic's decision to remain unvaccinated against COVID-19 is continuing to cause him a headache.
Read more »