Terra Firma to sell Aus beef stake
- Financial Review
- 21 November 2014
London-based private equity titan Terra Firma is mulling a partial sale of Australia's largest privately owned beef producer, after being approached by several Chinese companies.
London-based private equity titan Terra Firma is mulling a partial sale of Australia's largest privately owned beef producer, after being approached by several Chinese companies.
Chinese state-owned company, Greenland Holding Group, is in talks with Australian agricultural companies on possible takeovers and plans to complete its first deal in six months.
Chinese giant New Hope will invest up to $500 million in Australian dairy farms in what could be the first of many deals fuelled by the historic China-Australia free trade agreement.
China's CITIC Construction says it has developed two 10,000 hectare farms in Angola and will invest $5 billion in a 500,000 hectare farm next year.
Um consórcio estatal chinês vai investir 5.000 milhões de dólares (3.990 milhões de euros) numa herdade de 500.000 hectares em Angola em 2015, para "ajudar a reduzir a dependência alimentar" daquele país, disse hoje o China Daily.
Mining billionaire Gina Rinehart is teaming up with the China National Machinery Industry Corporation to acquire a 5,000 ha dairy farm in Queensland to supply infant formula to China.
Pressure is mounting on the Northern Territory Government to make land available for a Chinese company, as it struggles to progress environmental approvals and negotiate with the Indigenous Traditional Owners.
“We are looking at seven projects in the farming sector. They involve mostly Chinese and a number of Arab co-investors," says head of Russia’s Direct Investment Fund.
There's no question that after five years of investing about $60 billion in the Australian resources and power sectors, the focus of Chinese investment is now on food.
Fonterra boss Theo Spierings is "not worried” about sales of NZ productive land to foreigners so long as we are “working together” with foreign owners.
Fiagril, a Mato Grosso company operating in the trading and processing of grains, is negotiating the sale of a minority stake to Chinese agribusiness company Chinatex for R$400 million to R$500 million
Some Australian farmers are voicing their concerns about the growing presence of foreign investment in their region.
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