Meat giant JBS is reportedly mulling a Huon acquisition.
On Wednesday, it was reported that Huon was reportedly under up potential acquisition by the meat giant JBS.
Australia's second-largest salmon farmer (Tassal is first) announced in February that it had done a preliminary assessment for the potential for corporate-level transactions “in light of recent unsolicited approaches”.
JBS is a major player in meat but has little experience in salmon. A small-family-owned beef company in 1953 Brazil, the company has grown into...