ACCC told to butt out of Saputo-MG deal

The Australian Competition and Consumer Commission (ACCC) has been accused of unnecessary interference in Canadian dairy giant Saputo’s purchase of Murray Goulburn (MG).

Local dairy farmers want Saputo to have Koroit

Canadian dairy giant Saputo should not have to sell off Murray Goulburn’s (MG) Koroit plant if it acquires all of cooperative, according to the Wannon branch of the United Dairyfarmers of Victoria.(UDV).

Saputo flags dropping Koroit from Murray Goulburn bid

UPDATE : Murray Goulburn (MG) supplier Craig Dettling says Saputo’s announcement that it will consider excluding MG’s Koroit plant from its proposal to buy the rest of MG is likely to cause more anxiety for MG suppliers.