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Australia’s Tassal bites on fresh takeover offer from seafood peer Cooke

Tassal group salmon

Tassal Group, the Australian seafood company, has approved a new takeover bid from Canada-based Cooke.

The offer, the fourth Cooke has tabled, is worth AUD5.23 a share, up from a bid of AUD4.85 laid down last month.

Tassal said Cooke’s latest move gives the company an enterprise value of AUD1.7bn

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