Rine­hart buys Aroona cat­tle ranch

New Straits Times - - Business World -

Bil­lion­aire Gina Rine­hart, the rich­est wo­man in the Asia-Pa­cific re­gion, has bought a cat­tle sta­tion in Aus­tralia’s North­ern Ter­ri­tory, ex­pand­ing her foot­print in the agri­cul­tural sec­tor. The Aroona cat­tle ranch cov­ered an area of 147,510ha and holds about 15,000 cat­tle, said Rine­hart’s Han­cock Prospect­ing Pty yes­ter­day. The deal price wasn’t dis­closed. The pur­chase comes three months af­ter Rine­hart was cleared by the Aus­tralian gov­ern­ment to buy the iconic cat­tle com­pany S. Kid­man & Co.

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