date:Jan 27, 2014
hareholders to maximise the financial outcome and focus management time on growing a strong and globally competitive co-operative. Accordingly we have notified the ACT that we intend to cease our application from this point.
Whilst we are disappointed to have missed out on the opportunity to acquire WCB, we are pleased that our involvement in the bidding process drove a genuine auction and that all WCB shareholders have benefited as a result, including MG's 17.7% stake, said Mr Helou.
MG consi