Australia Blocks Overseas Sale of Largest Private Landowner
Australia blocked the sale of the nation’s largest private landowner to an overseas buyer, saying the location of one of the company’s 10 cattle ranches in a weapons testing area could compromise...
View ArticleAustralian gov't blocks sale of largest cattle operation to foreign companies
SYDNEY, Nov. 19 (Xinhua) -- Australia's government will not allow the sale of the nation's largest cattle operation, S. Kidman and Co. to foreign buyers, saying it will be against the national...
View ArticleScott Morrison blocks sale of Australia's largest cattle station to foreign...
Treasurer says $350m sale of S Kidman and Co would be against the national interest but will consider ‘future alternate proposals’ on their merits...
View ArticlePM rejects discrimination claims over move to block cattle station sale
Prime Minister Malcolm Turnbull has rejected suggestions of discrimination against Chinese investors following the federal government's decision to block the sale of Australia's largest private...
View ArticleAustralia bans foreigners in sale of farmland the size of South Korea,...
Australia has blocked the sale to foreign entities of a cattle farming business that is one of the world’s largest private land holdings, ruling it was not in the national interest since part of the...
View ArticleWorld's biggest cattle station could head to carvery after Morrison blocks sale
Australia's biggest private landholding could be carved up to satisfy Treasurer Scott Morrison after he blocked its sale to Chinese investors, saying it would threaten National Security. The rejection...
View ArticleAustralia bans Chinese investment firms and other ‘foreigners’ from bids on...
Australia has blocked the sale to ‘foreign entities’ of a cattle farming business that is one of the world’s largest private land holdings, ruling it was not in the national interest since part of the...
View ArticleKidman cattle stations: Andrew Robb criticises Scott Morrison's 'political'...
Exclusive Trade and Investment Minister Andrew Robb has branded his government's decision to block the foreign sale of the sprawling 101,411-square-kilometre S. Kidman & Co. cattle stations as...
View ArticleStatement on decision to prevent sale of S. Kidman & Co. Limited (Liberal...
(Source: Liberal Party of Australia) The Hon. Scott Morrison MP, Treasurer Consistent with the recommendation from the Foreign Investment Review Board (FIRB), I have decided that the acquisition by...
View ArticleForeign owner ban scuttles Australia's biggest land sale
CANBERRA, Australia (AP) -- A government ban on foreign investors buying a pioneering dynasty's collection of cattle ranches has scuttled Australia's biggest land sale, an official said on Friday. The...
View ArticleChinese Bid for Australian Cattle Station Adds Local Partner
One of the Chinese bidders for Australia’s most iconic cattle company is joining forces with a local investment group as it seeks government approval for a foreign takeover. Shanghai Pengxin Group is...
View ArticleShanghai Pengxin to buy Australian cattle rancher for $288m
A Chinese-led group has agreed to buy Australia's most iconic cattle company in a deal valued at more than A$370 million ($288 million) after partnering with local investors. The venture, headed by a...
View ArticleAustralia bars foreigners from buying world's largest ranch
The Australian government announced on Thursday it had barred foreigners from buying a company that owns the world's largest cattle ranch and other Australian farmland greater in area than South Korea....
View ArticleAustralia blocks farm sale to Chinese over national interest
CANBERRA, Australia — Citing national interest, the Australian government on Friday blocked a Chinese-led consortium from buying the nation's largest private land holding, a collection of Outback...
View ArticleOwners of Australian cattle empire refuse to split up property for sale
CANBERRA, May 3 (Xinhua) -- The owners of S. Kidman and Co, Australia's largest private landing holding, have refused to split up their vast cattle empire after the Federal government rejected the...
View ArticleAustralia Set to Block Chinese Purchase of Iconic Cattle Ranch
Australian Treasurer Scott Morrison indicated he’s likely to block the sale of the country’s most iconic cattle company to a Chinese buyer. A consortium...
View ArticleReinhart, Shanghai CRED ink deal for cattle empire
Australia’s richest woman Gina Rinehart and Chinese developer Shanghai CRED (上海中房置業) have agreed on a deal to jointly purchase S. Kidman & Co, the country’s largest private land holding, for A$365...
View ArticleChinese group gets Aussie govt approval to buy local cattle empire
CANBERRA - Australia's Treasurer Scott Morrison approved on Friday the sale of Australia's largest pastoral land holding ,S. Kidman & Co, to a partnership involving local mining magnate Gina...
View ArticleChinese bidder withdraws bid for world's largest cattle station, S Kidman & Co
The sale of the world's biggest cattle station, S. Kidman & Co, is in doubt after it was caught in a "political crunch that was unworkable", its chief executive says. Kidman's preferred bidder,...
View ArticleScott Morrison's decision to block S. Kidman and Co sale leaves investors fuming
The Turnbull government has thrown doubt over foreign investment in Australia after announcing it would again block the sale of Australia's largest private land holding to Chinese interests. It's a...
View ArticleChinese takeover of Australia's largest agricultural land holding receives...
CANBERRA, March 8 (Xinhua) -- The Chinese takeover of Australia's largest agricultural land holding, S. Kidman & Co., has received a lifeline, with a local investment company announcing it will...
View ArticleAustralia blocks sale of enormous Kidman farmland holding
Australia's government will block the sale of the country's largest private landholding to foreign investors. S. Kidman & Co has pastoral leases covering 100,000sq/km - an area...
View ArticlePengxin links with ARC on Australian land bid
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...
View ArticleAust'n, Chinese consortium ups bid for world's largest cattle station as...
by Matt Goss MELBOURNE, Oct. 28 (Xinhua) -- A consortium consisting of Australia's richest woman and a Chinese investment firm has upped its bid for the world's largest cattle station, making them the...
View ArticleNewsmaker: S Kidman & Co
In 1870, a 13-year-old boy ran away from home in Adelaide, South Australia, to forge a future in the outback, where fortunes were being made and lives lost by pioneers wresting a living from the...
View ArticleKidman sale imminent with Shanghai Pengxin Group in box seat
The federal government is poised to wave through the high-profile sale of Australia's largest private landholding, the S. Kidman & Co farm portfolio, after blocking the deal in November on national...
View ArticleKidman to head to carvery while Chinese suitors seek Australian partners
The world's biggest cattle station, Anna Creek, will be carved out of the sale of S. Kidman & Co's properties to foreign investors in an effort to appease Treasurer Scott Morrison. Fresh bids have...
View ArticleKidman sale halt a chance 'to reassess'
Even by Sydney standards, it's the real estate deal of a lifetime, a unique opportunity to bag a prime piece of outback Australia, not to mention a sizeable slice of the country's history. Founded in...
View ArticleTreasurer Scott Morrison blocks sale of nation's biggest cattle station
Treasurer Scott Morrison has blocked the sale of the nation's largest private landowner to an overseas buyer, saying the location of one of the company's 10 cattle stations in a weapons testing area...
View ArticleAustralia blocks sale of huge cattle estate to foreigners
Australia on Thursday blocked the sale of one of the world's largest cattle estates to foreign entities, ruling it was not in the national interest with part of the holdings in a weapons testing area....
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