A $400 million bid for Australia's largest landholder S.Kidman & Co from a fund backed by up to 50,000 ordinary superannuation funds to be lodged later this month.
The attempt comes days after Australia's richest person Gina Rinehart and her Chinese joint venture partner Shanghai CRED launched a $365 million bid which could be approved within six weeks following vocal support from politicians.
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Matthew Cranston was The Australian Financial Review’s United States correspondent
