Saputo backs Murray Goulburn factories
CANADIAN dairy company Saputo Inc. hopes to increase milk intake by 600 million litres to keep Murray Goulburn’s seven factories open if its bid for its assets is successful.
By: PETER HEMPHILL
Source: The Weekly Times
What's going on with Murray Goulburn?
Source: http://www.smh.com.au/business/murray-goulburn-milk-intake-down-almost-30-per-cent-20180206-p4yzkd.html
Saputo CEO criticizes Canada’s support of updated TPP trade pact
Source: https://www.thestar.com/business/2018/02/01/saputo-ceo-criticizes-canadas-support-of-new-tpp-trade-pact.html
Saputo, el que lo tiene mas grande
Fuente: www.edairynews.com/es
Saputo Inc. Spills the Milk in its Latest Quarter: Time to Sell?
Saputo Inc. (TSX:SAP) shares are down ~6% over the past year following a lower than expected profit in an underwhelming second-quarter earnings report. With net income dropping 3.4% on a year-over-year basis, and diluted EPS missing the Street consensus and dropping by a penny year over year, does it still make sense to pay a boring defensive business with a hefty 23.1 price-to-earnings multiple?
Dairy Farmers Show Optimism
Dairy farmers across the country have been on a rollercoaster for the past 18 months following the dramatic milk price drop last year.
By:
Source: 2GB 873 – Sydney Talk Radio
Link: http://www.2gb.com/podcast/dairy-farmers-show-optimism/
Saputo-Murray Goulburn deal faces review
The Australian Competition & Consumer Commission has confirmed it will require the proposed $1.3 billion sale of Australia’s troubled major milk processor Murray Goulburn to Canadian dairy giant Saputo to be subject to a public review.
By: SUE NEALES
Source: The Australian
Link: www.theaustralian.com.au/business/mergers-acquisitions/saputomurray-goulburn-deal-faces-review/news-story/6dc78c2ea2838b35f67d450e17513d15+&cd=1&hl=es-419&ct=clnk&gl=ar
Dairy giant acquitted of charges related to 2013 waste water spill in Abbotsford
Judge finds company couldn’t have foreseen equipment failure that led to spill.
By: TYLER OLSEN
Source: Abbotsford News
Link: https://www.abbynews.com/news/dairy-giant-acquitted-of-charges-related-to-2013-waste-water-spill-in-abbotsford/
Canadian dairy Saputo woos Australia farmers in Murray Goulburn rebuild
Saputo Inc (SAP.TO), one of Canada’s largest dairy producers, aims to return Australia’s Murray Goulburn Co-operative (MGC.AX) to profit by aggressively pursuing more of the country’s milk supply, its chief executive said on Thursday.
By: Rod Nickel
Source: Reuters
Link: http://www.reuters.com/article/us-kobe-steel-scandal-customers-factbox/factbox-kobe-steels-affected-customers-from-computer-chips-to-space-ships-idUSKBN1D5019
Murray Goulburn rejects Fonterra super co-operative proposal in favour of Saputo sale
MURRAY Goulburn spurned a proposal from Fonterra to form a super dairy co-operative in favour of a sale of its assets to Canadian rival Saputo.
By: SIMONE SMITH and PETER HEMPHILL
Source: The Weekly Times
Link: http://www.weeklytimesnow.com.au/agribusiness/dairy/murray-goulburn-rejects-fonterra-super-cooperative-proposal-in-favour-of-saputo-sale/news-story/2ab37a9967ddb23fc7f6ba7eda99a9a5