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Global interest in Warrnambool dairy processor, acquisition speculation grows

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Interest in Victorian dairy company Warrnambool Cheese and Butter (WCB) has attracted a new potential bidder, according to media reports. There is speculation that Chinese state-owned China Investment...

Saputo bid for WCB blocked, Murray Goulburn increases its offer

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The Australian Government’s Takeovers Panel has issued interim orders to prevent Canadian dairy company Saputo from processing any acceptances received under its takeover offer for Warrnambool Cheese...

Murray Goulburn makes legal challenge to Saputo bid

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Australian dairy processor Murray Goulburn Co-opertive Co (Murray Goulburn) has made a legal challenge to the latest bid for Victorian dairy company Warrnambool Cheese and Butter (WCB) from Canadian dairy...

WCB still backing Saputo takeover after “simplified” offer

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Victorian-based dairy company Warrnambool Cheese and Butter (WCB) has announced that it has agreed with Canadian dairy company Saputo to further amend the terms of the previously announced offer from Saputo...

Milk industry takeover battles: latest update

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The Board of the Victorian-based ASX-listed dairy company Warrnambool Cheese and Butter (WCB) is still advising WCB shareholders to reject the revised offer by New South Wales-based dairy company Bega...

Murray Goulburn ups offer for WCB after Saputo rival bid gets government all-clear

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The battle for Victorian-based dairy company Warrnambool Cheese and Butter (WCB) continues to heat up as Australian dairy co-operative Murray Goulburn has announced a revised takeover offer, increasing...

Fonterra to acquire Tamar Valley Dairy

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New Zealand based dairy giant Fonterra has announced it will acquire the assets of Tasmanian yoghurt business, Tamar Valley Dairy. Under the agreement, Fonterra will acquire the processing equipment, related...

Fonterra acquisition of Bega shares signals a power shift in WCB takeover battle

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New Zealand based dairy giant Fonterra last week bought 9.3 million shares in New South Wales dairy company Bega for a total cost of $46 million, sending Bega’s share price to a record high. The buy-up...

Have the Canadians dealt the trump card for WCB?

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The Board of Victorian-based dairy company Warrnambool Cheese and Butter (WCB) has announced that it unanimously recommends its shareholders accept a revised offer from Canadian dairy company Saputo to...

Murray Goulburn joins battle for WCB takeover: Is Australia’s biggest dairy shake-up imminent?

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Australian dairy co-operative Murray Goulburn Co-operative Co. Limited (Murray Goulburn) has entered the battle for Victorian-based dairy company Warrnambool Cheese and Butter (WCB) with a $420 million...