Australian salmon farmer Huon Aquaculture raising $50 million after taking battering from COVID-19

Australian salmon farmer Huon Aquaculture is looking to raise AUD 68 million (€41.7 million/$49.3 million) in equity after taking a battering from the COVID-19 pandemic.

Funds raised are expected to help shore up the company's financial position, which has taken a hit by COVID-19 enforced lockdowns and border closures.