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Global Trade Alert

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Australia: Purchase of 2.5% stake in Kidman & Co. by Pengxin blocked

Description

On 19 November 2015, Australia's Treasury Minister announced that the country would block the purchase of a 2.5% stake by Shanghai company Pengxin in Australia's largest agricultural company S. Kidma...

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Intervention Details

Intervention Type

FDI: Entry and ownership rule

MAST Chapter

FDI measures

Implementation date

19 Nov 2015

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

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Table

Affected Sectors

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Affected Products

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