Business Services Industry
AUSTRALIA'S TASSAL SOLD TO MARINER CORPORATE FINANCE.
AsiaPulse News, October, 2003
SYDNEY, Oct 9 Asia Pulse - Australia's largest Atlantic salmon producer Tassal Ltd (ASX:TSS) has been sold to Mariner Corporate Finance, with plans to list the group on the Australian Stock Exchange by November.
Tassal receiver manager Mark Ryan, a partner of KordaMentha, said a sale and purchase deed had been signed today with Tassal Group Ltd and Tassal Operations Pty Ltd - subsidiaries of Mariner Corp.
Mr Ryan said the company planned to list Tassal Group Ltd on the ASX by November.
"The old Tassal is a completely different corporate structure than the two new Tassal operations," Mr Ryan told AAP.
He said the sale ensured that the business remained in Australian hands, provided job security for about 650 employees and the return of...
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