Buyers prone to overpay for Aussie agribusiness

Demand for food supply is pushing up the price of agricultural businesses in Australia where there are always more bidders than available assets, say M&A advisers.
Not every deal in the agribusiness sector turns out to be a cash cow
Not every deal in the agribusiness sector turns out to be a cash cow

Asian buyers are scouring Australia’s agricultural districts for suitable acquisitions but it isn’t always easy to make attractive returns on investment in the sector, says Anthony Sweetman, head of corporate advisory at UBS in Sydney.

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