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Forrest threatens to block Huon sale on green grounds

James Thomson
James ThomsonColumnist
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Billionaire Andrew Forrest has emerged as the kingmaker in the $550 million takeover of Tasmanian salmon farming group Huon Aquaculture by Brazilian meat giant JBS, building an 18.5 per cent stake big enough to block the deal and writing to both JBS and Huon demanding they commit to higher farming and environmental standards.

Andrew Forrest’s Tattarang could decide the fate of the takeover of Huon.  Lee Griffith

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James Thomson is senior Chanticleer columnist based in Melbourne. He was the Companies editor and editor of BRW Magazine. Connect with James on Twitter. Email James at j.thomson@afr.com

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    Original URL: https://www.afr.com/link/follow-20180101-p58hql