New Hope Group Plans to Invest ~US$763 million in Australia by 2020

China’s largest private agribusiness, New Hope Group and its chairman Liu Yonghao, are planning to invest 1 billion Australian dollars ($763 million) by 2020 to help grow businesses down under, according to New Hope Group’s Australian chief executive officer Nick Dowling. “I don’t think there’s necessarily any limit to what the chairman wants to invest

New Hope Group Opens its Australian Headquarters in Sydney

Diversified Chinese conglomerate New Hope Group Co Ltd’s Australian expansion has taken another step, opening its Australian headquarters in Sydney on Thursday [6 October 2016], eyeing further agribusiness acquisitions and an expansion of its fledgling real estate developments…Full Article: ECNS.cn Oct 2016 Key Points New Hope Group has expressed interested in Australia’s dairy industry and

Shenzhen-Listed New Hope Liuhe Expresses Interest in Acquiring Polish Agribusinesses

New Hope Liuhe, a listed-company of China’s largest feed-grain producer New Hope Group, said it will consider more overseas acquisition possibilities to feed the country’s growing appetite for meat. “We will look into the possibilities of mergers and acquisitions abroad. This is not only to satisfy domestic demand but also part of the company’s strategy

China’s Animal Feed Giant, New Hope Group, Plans to Acquire an Aquaculture Company

The billionaire chairman of New Hope Group Co, China’s largest privately held agricultural company, is looking to buy fish-farming assets in Southeast Asia as part of a 10 billion yuan ($1.5 billion) push to expand overseas. “We plan to acquire an aquaculture company,” Liu Yonghao, 64, said in an interview in Beijing. Though he declined

New Zealander Dairy Company Plans to Acquire a 25% Stake in China’s New Hope Nutritional Foods

Synlait Milk, which twice cut its earnings forecast, posted earnings growth that met revised guidance and said it plans to take a 25 percent stake Sichuan New Hope Nutritional Foods Co to gain a direct interest in a Chinese infant formula brand. Profit rose 70 percent to $19.6 million in the 12 months ended July

China’s New Hope Group Reportedly Last Firm Standing in Bid to Purchase Australia’s Largest Poultry Producer

Inghams Enterprises has yet to find a buyer for Australasia’s biggest chicken producer, which owner Bob Ingham put up for sale last July with a price tag reportedly of $A1.4 billion [US1.48 billion]. “We’ve not agreed to sell the business or got an agreed buyer,” Paddy Watts, Inghams financial controller, told BusinessDesk. “We were hoping

New York Financial Firm and Chinese Agribusiness Company Compete to Buyout Australia’s Largest Poultry Producer

Blackstone Group LP and China agribusiness company New Hope Group are through to the final round of bidding for Australia’s largest poultry producer Inghams Enterprises, a deal that could be worth as much as AUD$1.4 billion (US$1.5 billion), sources with knowledge of the matter told Reuters. Second-round bids are due by mid-December in the deal,