#Saputo’s Australian purchase: Did it overpay, or will it pay off?
Saputo Inc. is willing to pay top dollar for a small Australian dairy company, and for good reason.
#Saputo's offer for #Warrnambool leaves door open for better bid
Saputo Inc’s (SAP.TO) failure to deliver a knockout offer in the three-way battle to take over Australia’s oldest dairy company is leaving the door open for a better bid.
#Cheese wars: Australian dairy tops #Saputo’s bid for Warrnambool
Murray Goulburn Cooperative Co., Australia’s biggest milk processor, raised its takeover offer for Warrnambool Cheese & Butter Factory Co., valuing it at A$505 million ($470 million) and topping two rival bids.
#WCB battle and farmer ownership: #dairy at a crossroads
The share price of Victorian dairy processor Warrnambool Cheese and Butter (WCB) has more than doubled over recent weeks in response to a takeover tussle between Australian publicly listed company Bega, Canada’s publicly listed Saputo and Australian cooperative Murray Goulburn (MG).
#Saputo confident of winning cheese scrap
CANADIAN dairy giant Saputo is increasingly confident that its all-cash, $7-a-share offer for Warrnambool Cheese & Butter will succeed.
#Aussies have been slow to pick up on Asia's growing appetite
AT yesterday’s bid price of $393 million, Warrnambool Cheese & Butter is an afternoon snack for Canadian dairy conglomerate Saputo, which has long wanted an Australian foothold to supply booming Asian markets.
#Warrnambool Cheese and Butter Factory says Bega takeover offer 'inadequate'
Warrnambool Cheese and Butter Factory (WCB) is urging investors to reject a takeover offer from its slightly larger listed rival Bega Cheese.
#Dairy farmers' budget boost
THE softening Australian dollar and increasing international commodity prices are helping Tasmanian dairy farmers.
#Murray Goulburn lifts stake in Warrnambool dairy processer
Dairy processor Murray Goulburn Co-operative has increased its shareholding in fellow processor Warrnambool Cheese and Butter to 14.5 per cent, up from 12 per cent.