New bidder for Warrnambool trumps Saputo with $405 mln approach
date:Oct 18, 2013
sector.

Murray Goulburn also agreed to match the Saputo proposal regarding the payment of a fully-franked special dividend, meaning the total gross proceeds of the takeover was A$8.00, according to Rivkin Securities.

This is an historic opportunity for Murray Goulburn and WCB suppliers and shareholders to create a larger scale, globally competitive Australian dairy food company owned and controlled by Australian dairy farmers, Murray Goulburn Chairman Philip Tracy said in a statement.

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