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Showing posts from March 4, 2014

AUSTRALIA : Major Northern Territory mango farm up for sale

ABC Rural

By Matt Brann

Posted 1 hour 43 minutes ago

PHOTO: Jabiru Tropical Orchards in the Northern Territory is up for sale. (Supplied)

MAP: Darwin 0800

One of the Northern Territory's biggest mango farms is up for sale.

Jabiru Tropical Orchards runs about 35,000 mango trees across four properties near Darwin.

A total acreage of about 350 hectares, it was bought back in 2009 by a group of overseas investors, who have decided to sell.

Tim Altschwager is managing the sale, and says although there's no price tag associated with the portfolio, recent sales of similar assets in the north suggest the farm could sell for $20,000 a hectare or more.

"It could again attract overseas investors,"
he said.

"We definitely get enquiries (from overseas) for horticultural assets all over Australia, and this one is a large asset and that's what they look for."

If a sale goes through, it'll be the second Northern Territory mango farm to change hands in recent months, after the…

Ukraine and the 'Little Cold War'

Geopolitical Weekly TUESDAY, MARCH 4, 2014 - 03:09


Editor's Note:In place of George Friedman's regular Geopolitical Weekly, this column is derived from two chapters of Friedman's 2009 book, The Next 100 Years. We are running this abstract of the chapters that focused on Eastern Europe and Russia because the forecast -- written in 2008 -- is prescient in its anticipation of events unfolding today in Russia, Ukraine and Crimea.

By George Friedman

We must consider the future of Eurasia after the fall of the Soviet Union. Since 1991, the region has fragmented and decayed. The successor state to the Soviet Union, Russia, is emerging from this period with renewed self-confidence. Yet Russia is also in an untenable geopolitical position. Unless Russia exerts itself to create a sphere of influence, the Russian Federation could itself fragment.

For most of the second half of the 20th century, the Soviet Union controlled Eurasia -- from central Germany to the Pacific, as far so…

KROGER expresses interest in SAFEWAY (USA)

Leading US supermarket retailer Kroger reportedly has contacted #2 channel player Safeway about buying part of its operations, according to Bloomberg. 

The report goes on to say that Kroger also has reached out to Cerberus Capital Management - rumored to be the forerunner in talks with Safeway - about buying up some stores the investment firm may not want should a deal close. | read more

Mar 3, 2014, 2:27pm EST

Kroger contacted Safeway to buy some stores

Enlarge Photo
Giselle Greenwood/HBJ

Kroger Co. could be lining up to buy some Safeway stores.

Steve Watkins
Staff Reporter-Cincinnati Business Courier

Kroger Co. has contacted Safeway Inc.about buying some of its grocery stores,according to a Bloomberg News report.

Bloomberg’s David Welch cited unnamed sources in reporting that Kroger has contacted Safeway.

Cincinnati-based Kroger, the nation’s largest operator of traditional supermarkets, has also contacted private equity firm Cerberus Capital Management, which owns other supermarkets and has b…