HAROLD MITCHELL CATTLE STATION SOLD TO WEALTHY CHINESE BUSINESSMAN FOR $70 MILLION
Media man Harold Mitchell has sold his burgeoning cattle station empire in Australia’s Kimberley region in Western Australia for more than $70 million.
The sale, which includes APN Outdoor chairman Doug Flynn’s stake as well, is understood to have been acquired by a wealthy Chinese businessman.
In 2015 Mr Mitchell appointed KPMG and ANZ to sell Yougawalla Pastoral Company, which includes three main cattle stations spanning more than 850,000 hectares and controls about 45,000 head of cattle.
Mr Mitchell
The sale, which includes APN Outdoor chairman Doug Flynn’s stake as well, is understood to have been acquired by a wealthy Chinese businessman.
In 2015 Mr Mitchell appointed KPMG and ANZ to sell Yougawalla Pastoral Company, which includes three main cattle stations spanning more than 850,000 hectares and controls about 45,000 head of cattle.
Mr Mitchell
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