Family-owned cotton farm sells for speculated $100 million to Australian interests – ABC News

One of Australia’s best mixed-farming operations with more than 6,000 megalitres of water entitlements has sold for a speculated price of about $100 million.
Key points:

• Industry sources have speculated the farm sold for $100 million, but the final price tag is confidential
• The property is a renowned producer of irrigated cotton and has more than 6,000ML of water entitlements
• The farm sold to an Australian, family-owned entity and will not be subject to foreign investment review

The sale price and…

Click here to view the original article.