HANDSHAKE agreements are understood to have been reached on the sale of four large northern Australian cattle properties owned and operated by Gina Rinehart and her Chinese business partner Shanghai CRED under the S. Kidman flag.
Beef Central understands that final formal contracts have not yet been exchanged, but the terms of each deal have been reached.
As Beef Central first reported in November, S. Kidman proposed to sell three of its historic Channel Country backgrounding and grass-finishing holdings – Naryilco, Glengyle…