DomaCom, Lloyds in frame for Kidman sale

Original article by Matthew Cranston
The Australian Financial Review – Page: 9 : 23-May-16

Lloyds Business Brokers and property crowdfunding group DomaCom have joined forces to submit a joint bid for the cattle station portfolio of S. Kidman & Company. Their $A370m bid values Kidman’s land holdings at $A210m, while its operating businesses are valued at $A160m. The Kidman sale has been re-opened after Treasurer Scott Morrison issued a preliminary ruling that its sale to Chinese investors was not in the national interest.

CORPORATES
S KIDMAN AND COMPANY PTY LTD, LLOYDS BUSINESS BROKERS INTERNATIONAL PTY LTD, DOMACOM PTY LTD, AUSTRALIA. DEPT OF THE TREASURY, DAKANG AUSTRALIA HOLDINGS PTY LTD, ERNST AND YOUNG, RIFA SALUTARY PTY LTD, ZHEJIANG RIFA HOLDING GROUP

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