Shanghai Pengxin eyes Aussie’s biggest beef baron
$A350 million deal involves 101,000sq km of pastoral leases and 200,000 head of cattle.
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Hawke’s Bay
Shanghai Pengxin Group, the privately held Chinese conglomerate recently knocked back in its bid to buy the 13,843 hectare Lochinver Station in the central North Island, is reportedly in the final stages of talks to buy Australia’s largest beef company.
Some media reports from across the ditch
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Nick Grant
Wed, 11 Nov 2015
Wed, 11 Nov 2015
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Shanghai Pengxin eyes Aussie’s biggest beef baron
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