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flag Macquarie splits Paraway Pastoral after failing to sell it for $2.5B, while Pace Farm sells for $1B amid high egg prices.

flag Macquarie Group is splitting Paraway Pastoral, a 4.48 million-hectare Australian grazing operation, into smaller parcels after failing to find a buyer for the entire $2.5 billion business. flag The move follows struggles to attract interest despite Paraway’s 28 stations, 250,000 cattle, 200,000 sheep, and crop production. flag Meanwhile, Pace Farm, a major egg producer, is being resold after its value tripled to $1 billion due to high egg prices from avian influenza. flag Roc Partners, which owns Pace Farm and other agribusinesses, is divesting. flag Hive and Wellness Australia, parent of honey brands including Capilano, is also seeking a buyer. flag In aviation, Regional Express has a potential buyer in US firm Air T, though its pilot training arm remains in administration and excluded from the sale.

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