Mining billionaire Andrew Forrest has indicated he won’t change his tune on the prospective takeover of salmon farmer Huon Aquaculture by Brazilian meat giant JBS, unless it commits to higher animal welfare standards.
“I didn’t invest in Huon to create a rival takeover proposition. I invested in Huon because I believed they wanted to be leaders in truly sustainable salmon farming,” Andrew Forrest said. Bloomberg
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Lucas Baird is a journalist based in The Australian Financial Review's Sydney office. Connect with Lucas on Twitter. Email Lucas at lucas.baird@afr.com
