Communities living within the concessions claimed by PHC have long sought to regain control over their lands and have called for negotiations to determine the conditions under which the company may be allowed to continue to operate.
European MPs issue an interparliamentary statement on the “Finance in common summit”, calling on public development banks to stop "harmful investments", such as those in the oil palm plantation company Feronia in the DR Congo.
- European MPs
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10 November 2020
Agricultural investors say the COVID-19 crisis has had little impact on their business and investment intentions, with Australian agricultural land, water and business assets as appealing as ever to investors.
- Farm Weekly
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25 September 2020
The Feronia case, and other development bank investment failures, shows that there is a need to overhaul development finance institutions practices and to consider whether it might be better to just shut them down entirely.
Two Harvard-controlled LLCs have deeded over 7,104.74 acres of land in northern San Luis Obispo County, California for an estimated $120.14 million (based upon $132,159 paid in county real estate transfer taxes.)
Canadian alternative asset value expert argues that farmers should stop thinking they need to own their land as this is better left to asset managers and institutional investors, like pension funds and private equity groups
- Western Producer
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06 August 2020
Feronia announces that it has entered into a definitive purchase agreement with Straight KKM 2 Ltd that provides for the acquisition of its operating subsidiary, Plantations et Huileries du Congo.
- Globe Newswire
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21 July 2020
Le RIAO-RDC est très préoccupé de la vente/transfert de la majorité des actifs de Feronia-PHC par la banque de développement de la Grande-Bretagne à une entité à l’Île de Maurice gérer par une société de capital-investissement.
Beston Global Food Company has sold its four dairy farms in South Australia to PSP Investment and Warakirri Asset Management-backed Aurora Dairies in a US$27.8 million cash deal
You’d be surprised to learn that the billion dollar barons of Australian farmland are a Canadian government worker super fund, a New York teacher insurance fund and an Australian pastoral giant backed by a Dutch pension fund
The debt-ridden oil palm plantations company operating in the DR Congo announces that it is pursuing a restructuring plan that includes a sales process and potential liquidation.
- Globe Newswire
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24 May 2020
Hewitt Cattle Australia, a joint partner of Canadian pension fund – Public Sector Pension Investment Board (PSP Investments), has listed its Mt. Cooper aggregation in Northern Queensland for sale.