Photographer: Brendon Thorne/Bloomberg

Chinese-Led Group to Buy Iconic Australian Cattle Rancher

  • Venture involving Shanghai Pengxin to buy 80% of Kidman
  • Kidman is the largest private landowner in Australia

A Chinese-led group agreed to buy Australia’s most iconic cattle company in a deal valued at more than A$370 million ($288 million) after partnering with local investors.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.