date:Nov 25, 2013
Warrnambool Cheese and Butter announced this morning that it has agreed with Canadian dairy processor, Saputo's to further amend the terms of its previously announced offer of $9.00 cash per share.
The amended terms state that Saputo will increase its offer consideration to $9.20 cash per share if Saputo achieves a relevant interest in WCB shares of greater than 50 percent during the offer period. The increase will be available to all shareholders regardless of when they accept including those