Chinese-led group to buy Australia's iconic Kidman cattle ranch for $288m

Chinese-led group to buy Australia's  iconic Kidman cattle ranch for $288m

A clerk counts Chinese yuan and U.S. dollar banknotes at a branch of Bank of China in Taiyuan

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.

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