Kidman bidders likely to revise $370m offer

By Andrew Marshall and Matthew Cranston
Updated May 3 2016 - 3:15pm, first published 12:01pm
Kidman management is reluctant to break up the company’s 10 property aggregations covering 11 million hectares any further.
Kidman management is reluctant to break up the company’s 10 property aggregations covering 11 million hectares any further.

The $370m Chinese-led bid for the historic S. Kidman and Company is unlikely to be ditched, despite Treasurer Scott Morrison last week pulling the rug out from under the plan.

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