S Kidman board agrees to sale

 MEAT+POULTRY:

"An earlier bid by Shanghai Pengxin to buy Kidman failed after the Australian government blocked the sale on concerns a takeover by a foreign company posed a conflict with the country’s national interests. Approximately 50 percent of the pastoral lease is located in the Woomera Prohibited Area (WAP) in South Australia. The WAP is used for military weapons testing and is the largest land testing range in the world. Anna Creek, one of Kidman’s cattle stations, covers part of the testing range. It is the largest single property holding in Australia and represents about a quarter of Kidman’s total property."



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