New bidder for Warrnambool trumps Saputo with $405 mln approach
date:Oct 18, 2013
self in Saputo's sights, he added.

They could bid for Bega Cheese and then put their foot on Warrnambool Holding as well, so the market is pretty hot at the moment.

Australian dairy farmers have been grappling with a supermarket price war that slashed domestic wholesale prices, a strong Australian dollar that crimped exports and a drought that sent cattle feed costs soaring.

But growing demand from Asia for dairy products and other sources of protein have attracted international buyers to the
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