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Four superfunds and AMP Capital Investors are backers for the fund, whose managers say cotton, chickpeas and cattle were the main profit drivers.
The bidders and seller had been prepared for the deal to be processed in time for Prime Minister Turnbull’s visit to China last week, sources told Agri Investor.
The land and livestock company nearly tripled its 2014 net profits after two years of losses between 2012 and 2013.
KPMG predicts a strong 2016 after Chinese investment in agriculture rose to A$375m last year.
The Singapore-listed agribusiness giant sees vertical integration opportunities in its play to meet rising Nigerian poultry demand.
Fifty-four institutional investors have partnered with Jeremy Coller's FAIRR to urge 10 food companies to eliminate the non-therapeutic use of antibiotics in their meat supply chains, saying it poses financial risks.
The acquisition will facilitate the company’s growth in the animal-health sector.
The wealth management firm has made Danish agriculture its sole target, taking advantage of low pricing and strong profits in the country's agricultural sector.
Businesses can supply information to a competition watchdog study on beef and cattle study anonymously, while the regulator has also widened wheat supply-chain access.
Canada’s forage export market could grow on the back of Chinese and Saudi Arabian demand.