Singapore seafood group buys into Tassa

Australia: Webster Group this week announced it has entered into a deal to sell its 19.8 percent shareholding in Tasmanian salmon company, Tassal, to Singaporean seafood group Pacific Andes Resources Development (PARD) for AU$51.7 million (US$50.9 million), or AU$1.79 (US$1.76) per share.