date:Jan 07, 2014
s accept Saputos offer, despite a $9.50 per share offer from Australian dairy co-operative Murray Goulburn. The Murray Goulburn offer is conditional on approval from the Australian Competition Tribunal.
Another Australian dairy company, Bega, dropped out of the bidding war in December 2013.
Final Saputo Offer
On 17 December 2013 Saputo issued its Third Supplementary Bidders Statement giving effect to the terms set out below as part of the undertaking given by Saputo to the Takeovers Panel.
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