Thursday, July 3rd, 2014

Rinehart buying stations

Gina Rinhart’s company Hancock Prospecting is buying half shares in Liveringa and Nerrima stations.

The deal is part of a joint venture with the Laitt family, which owns the Milne AgriGroup.

They have formed a company, Liveringa Station Beef, which has also bought the old Clover Meats abattoir at Waroona south of Perth.

The West Australian [read this story]

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