Australian Agricultural Company Limited (ASX:AAC) (AACo) is once again under the spotlight for a potential takeover, with speculation that there is at least one group scrutinising the business for an acquisition. The talk in the market comes amid discussion that major shareholder Joe Lewis may be looking at selling down his 49% interest in the company at a time when cattle prices are high. AACo told DataRoom it had not fielded any acquisition proposals from prospective suitors, but it is thought that any interested group would be engaging with Lewis.