Outback scions bid $294m for iconic Kidman ranches

Outback scions bid $294m for iconic Kidman ranches

Drone vs Cow. Credit: Flickr/Lima Pix

A group of outback scions bid A$386 million ($294 million) for all the shares of S. Kidman & Co., trumping an offer from billionaire Gina Rinehart and her Chinese business partner for one of Australia’s largest beef producers.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter