Chinese firm to buy another dairy farm group for $43m
The deal, which requires OIO approval, will add to Hunan Dakang's growing portfolio.
Duncan Bridgeman talks talks about the latest Chinese farm purchase on NBR Radio and on-demand on MyNBR Radio.
Duncan Bridgeman Tue, 05 May 2015
A lower dairy price forecast is not stopping Chinese firm Hunan Dakang’s push to buy more Kiwi dairy farms.
Shenzhen-listed Hunan Dakang, currently about 55%-owned by Jiang Zhaobai’s Shanghai Pengxin, has signed an agreement to buy seven dairy farms and three support farms in Northland for about