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All-Australian bid for Kidman tops joint Australian-Chinese bid

Nick Xenophon, Sterling Buntine, Bob Katter
Nick Xenophon, Sterling Buntine, Bob Katter Source: AAP

Mining boss Gina [jeena] Rinehart's offer to buy the Kidman cattle empire has been topped by a higher and possibly more lucrative bid by an all-Australian consortium over the weekend.


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Updated

By Manny Tsigas

Source: SBS



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Mining boss Gina [jeena] Rinehart's offer to buy the Kidman cattle empire has been topped by a higher and possibly more lucrative bid by an all-Australian consortium over the weekend.


Four wealthy Australian graziers have offered a joint $386 million bid to buy S Kidman and Co.

But Ms Rinehart and her Chinese partner, Shanghai CRED, still have the right to match it.


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