Monday, October 10, 2016

Australia's biggest cattle station mooted for Rinehart and Chinese ownership

Australia's richest woman, mining magnate Gina Rinehart, has lodged a $365 million takeover bid for Australia's largest private land holding S Kidman and Co with a Chinese partner.
The joint venture, Australian Outback Beef Pty Ltd, and the Kidman bid was announced by Ms Rinehart's Hancock Prospecting on its website over the weekend.
Arthur Stevens has more

IN: "Australian Outback Beef..."
OUT: SOC
DUR: 42 sec

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