Updated Aggrieved Warrnambool Cheese & Butter suitor Murray Goulburn is seeking interim orders from the Takeovers Panel to stop rival bidder Saputo from processing acceptances for its $ 9 - a-share cash takeover offer. (afr.com)
Acceptances for Saputo's $ 9 - a-share cash takeover bid for WCB continue to flow in despite the objection. (afr.com)
Murray Goulburn said on Tuesday that it has received consent from the Australian Securities and Investments Commission (ASIC) to withdraw its $ 9.50 - a-share cash takeover offer, which was conditional on getting 50.1 per cent of WCB and approval from the Australian Competition Tribunal. (afr.com)