Australian investment company Australian Rural Capital has announced to the stock exchange it is partnering with Shanghai Pengxin Group to buy S. Kidman & Co, Australia's largest private landholder with properties covering 101,000 square kilometers in Western Australia, South Australia, the Northern Territory and Queensland. Shanghai Pengxin was forced to rework its initial bid－thought to be around $370 million－after Federal Treasurer Scott Morrison said last year it was not in the national...
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