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Wall Street Journal| 19  April 2016
Livestock agents sell cattle to farmers at a weekly livestock sale near the town of Carcoar, New South Wales, Photo: Agence France-Presse/Getty Images
Australia cattle empire S Kidman approves sale to China-led group
by Rob Taylor
Australia’s largest pastoral cattle empire, S. Kidman and Co., has agreed to be sold to a Chinese-led consortium for 370.7 million Australian dollars (US$287.3 million), continuing a flurry of deals in the country’s agricultural sector.
The board of the century-old Kidman empire which covers an area larger than Ireland agreed to sell its holdings to China-based Dakang Australia Holdings and Australian Rural Capital Ltd. An earlier proposed deal was rejected by the government last year. ....

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