Challenging outlook for Australian dairy giant WCB
date:Apr 23, 2013
price as paid for the latest increase, but that it was satisfied with its 14.5 per cent stake.

WCB Company Secretary Paul Moloney said in a statement on Friday 18 April 2013 that the Company was not aware that Murray Goulburn had intentions other than those set out in the announcement of the investment increase to 14.5 per cent.

Australian Food News reported in April 2010 that any takeover bid for WCB would need to be subject to approval by the Australian Competition and Consumer Commission.

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