Hancock group says Kidman bid will secure 'legacy' of cattle empire

The Hancock Group has come out in defence of its joint Australian-Chinese bid for the Kidman cattle empire, denying an all-Australian offer is superior. Key points:Hancock says they won’t close down or “radically change” Kidman’s Adelaide head officeThe Australian syndicate’s plan is to add Kidman properties to individual family businesses, then market combined herd under Kidman brand”You don’t get much more Australian than … Gina Rinehart”: Hancock defending Australian-Chinese bid A syndicate of four grazier families called BBHO is making a $386 million bid for S Kidman and Co — effectively a couple of million dollars…

Source: ABC Beef Cattle
Hancock group says Kidman bid will secure ‘legacy’ of cattle empire