Shanghai Pengxin Group , a Chinese property developer and owner of agriculture and mining ventures, is seeking to buy 16 dairy farms in New Zealand after the government rejected an earlier bid by another Chinese company.
Natural Dairy (NZ) Holdings Ltd., a Chinese company that wants to buy farms in New Zealand, has lodged an application with foreign investment regulators for approval to buy properties known as the Crafar farms.
AMP Capital agreed to buy a 42 percent stake in Powerco Ltd., New Zealand’s second-largest electricity and gas distributor, for NZ$525 million ($408 million) from Brookfield Infrastructure Partners LP.
National Australia Bank Ltd. has received approval from New Zealand’s Overseas Investment Office to buy Axa Asia Pacific Holdings Ltd.’s assets, the Australian Financial Review reported, citing a statement from Auckland- based law firm Russell McVeagh.
The following is a list of companies whose shares may rise or fall in Australia. This preview includes news announced after markets closed yesterday. All prices are from yesterday’s close unless otherwise stated.