Australia's largest private land owner to sell cattle business

April 10, 2015 5:16 AM

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SYDNEY, April 10 (Reuters) - Australia's largest private land owner will sell its cattle operations, including the world's largest ranch and an area equivalent in size to South Korea, to raise cash for other businesses and investments.

S. Kidman & Co said it will sell its privately owned 11 cattle stations and a feedlot, complete with more than 200,000 head of cattle and more than 100,000 sq km (25 million acres) of land spread across Western Australia, the Northern Territory, Queensland and South Australia.

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