Fonterra focused on growth as Murray Goulburn decision looms
With Canada’s Saputo poised to be named the preferred bidder of Murray Goulburn, fellow suitor Fonterra Australia says it will continue with its own growth plans, including capital investment and adding dairy farmers with the aim of taking more products to Asia.
By: Carrie LaFrenz
Source: The Australian Financial Review
Link: http://www.afr.com/business/agriculture/fonterra-focused-on-growth-as-murray-goulburn-decision-looms-20171025-gz88r3
Murray Goulburn seeks a lifeline, holds talks with Joyce and Pulford
BELEAGUERED milk co-operative Murray Goulburn has met with state and federal governments to discuss its plight.
By: KATH SULLIVAN, SIMONE SMITH and NATALIE KOTSIOS
Source: The Weekly Times
Link: http://www.weeklytimesnow.com.au/agribusiness/dairy/murray-goulburn-seeks-a-lifeline-holds-talks-with-joyce-and-pulford/news-story/77cf9ec498564cc63b35c60a353fbad3
Mengniu Dairy bids for Murray Goulburn
A subsidiary of domestic giant China Mengniu Dairy Co is reported to be bidding for Murray Goulburn Co-operative Co, the biggest Australian dairy producer, in a deal valued at about A$1 billion ($779 million), according to thecattlesite.com on Friday.
By:
Source: Global Times
Link: http://www.globaltimes.cn/content/1070388.shtml
China hunts foreign dairy deals
Source: Read more: http://www.afr.com/business/agriculture/china-hunts-foreign-dairy-deals-20171016-gz1u0o#ixzz4vgL0Yzky
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Murray Goulburn axes 60 tanker drivers due to falling milk supply
The co-operative announced the move tonight in response to dwindling milk supply.
By: ED GANNON
Source: The Weekly Times
Tasmanian Murray Goulburn workers to face unemployment if buyer not found within a month
The pressure is on for Australia’s biggest dairy processor Murray Goulburn to find a buyer for its Edith Creek milk processing plant before it closes down next month.
By: Rhiana Whitson
Source: ABC
Fonterra confirms bid for Murray Goulburn
New Zealand-owned dairy giant Fonterra has confirmed it has made a bid for embattled milk processor Murray Goulburn. By: Warwick Long, Helen Taylor and Jess Davis
Murray Goulburn, Gary Helou and Brad Hingle: ACCC case to be heard in 2018
THE Federal Court of Australia will not hear the matter initiated by the Australian Competition and Consumer Commission against Murray Goulburn and two of its former executives until September next year. By: PETER HEMPHILL
Murray Goulburn bidders lock in advisers
Bidders for Murray Goulburn have advisers locked down as they focus on the next stage. By: BRIDGET CARTER and SCOTT MURDOCH
Murray Goulburn, Gary Helou deny wrongdoing after milk price scandal
In early August 2015, the then Murray Goulburn managing director Gary Helou and chief financial officer Brad Hingle received an email from an executive general manager that should have rung alarm bells. By: Misa Han