http://www.ntnews.com.au/business/australias-largest-landholder-agrees-to-370-million-deal-with-chinese-company/news-story/fa128d728ea50b101f35819dfb180de2
Kidman, which has cattle stations covering 101,000 square kilometres in the Northern Territory, Queensland, South Australia, and Western Australia produces grass-fed beef for export to Japan, the USA and Southeast Asia.
Kidman's two stations in the NT are Helen Springs and Brunchilly near Tennant Creek.
It owns 160,000 cattle on leasehold land run as 17 properties.
Under the plan, it will sell 80 per cent of the cattle company to China's Dakang Australia Holdings and the rest to locally listed Australian Rural Capital.
The deal will be subject to approval by the Foreign Investment Review Board (FIRB).
Kidman, which has cattle stations covering 101,000 square kilometres in the Northern Territory, Queensland, South Australia, and Western Australia produces grass-fed beef for export to Japan, the USA and Southeast Asia.
Kidman's two stations in the NT are Helen Springs and Brunchilly near Tennant Creek.
It owns 160,000 cattle on leasehold land run as 17 properties.
Under the plan, it will sell 80 per cent of the cattle company to China's Dakang Australia Holdings and the rest to locally listed Australian Rural Capital.
The deal will be subject to approval by the Foreign Investment Review Board (FIRB).