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All-Australian consortium withdraws bid for Kidman

28/10/2016

The battle to take control of Australian cattle company S Kidman & Co appears to be over after an all-Australian consortium withdrew its bid. The BBHO consortium, which included four Australian families, withdrew its bid of A$386 million after a rival group, headed by Australia’s richest woman Gina Rinehart, outbid it by A$500,000. Ms Rinehart,...

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