Blog Post

S. Kidman to sell four extensive northern properties, as portfolio re-shaping continues

Grass steers on Kidman’s Naryilco in the Channel Country

 

NORTHERN pastoral giant S. Kidman & Co is well advanced in a sale process to divest another four of its large northern grazing properties, with a total land-area of more than 24,000sq km.

The company received an unsolicited approach to sell the holdings, Beef Central understands, which Kidman has accepted. There may in fact be two parties involved, but in a single transaction.

When asked about the process, Kidman issued Beef Central with a brief statement (see details below) describing the sale process as ‘advanced.’ No…

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