Stock & Land
Thursday, December 7, 2023

AAco property deal hits a snag

Updated January 5 2016 - 4:50pm, first published April 20 2009 - 3:15pm
FarmBuy Real Estate

The Australian Agricultural Company late last week completed the sales of three Queensland Gulf cattle stations to Paraway Pastoral Company for $145 million, but major AAco shareholder, IFFCO, has reportedly thrown a hurdle in the way of its proposed purchase of Litchfield and Tipperary Stations in the Northern Territory.

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