Global Trade Alert
Global Trade Alert

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

Announcement

19 Nov 2015

In November 2015, the government of Australia announced changed rules for foreign investors.

Source

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Number of interventions

1

0 certainly harmful

1 likely harmful

0 liberalising

List of interventions

1 in force

Implementation date

19 Nov 2015

Revocation date:

No revocation date

FDI: Entry and ownership rule In force

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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