No new bid for Australia's Kidman & Co leaves Rinehart in driver's seat -source

SYDNEY, Dec 8 (Reuters) - No new bid has emerged for

Australia's largest private land holder S. Kidman & Co, likely

paving the way for the country's richest woman Gina Rinehart to

take it over with her A$386.5 million ($289.41 million) offer, a

source close to the transaction said.

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