Pursuits

Greenland in Talks to Acquire Australian Food and Wine Companies

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Greenland Holding Group Co. is in talks with Australian agricultural companies on possible takeovers and plans to complete its first deal in six months.

The Chinese state-owned company, which already invests A$1.6 billion ($1.4 billion) in Australian real estate, is focused on acquiring food, dairy and wine producers, Chairman Zhang Yuliang told reporters in Sydney today.