Gina Rinehart ponders bid for S. Kidman pastoral company

Written on the 29 August 2016

Mining magnate Gina Rinehart is poised to enter the race for the S. Kidman & Co pastoral empire, alongside Chinese conglomerate Shanghai CRED Real Estate, with a joint bid expected to top $300 million.

The billionaire's entry into the sales process would be the first serious attempt by an Australian during the most recent battle over ownership of the giant cattle portfolio.a

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The first abattoir to operate in the Kimberley in more than two decades will open its doors next month in a major boost for the region's cattle industry. Yeeda Pastoral Company boss Jack Burton has set down September 9 for the long-awaited official opening of the abattoir between Broome and Derby. Yeeda has been busy commissioning the p...

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