At a tribunal hearing in Adelaide on Tuesday, the competition regulator tried to stall Murray
Goulburn's application on the basis that as more investors
accepted Saputo's
bid, it had become more difficult to gather evidence.
Warrnambool Cheese & Butter chief executive David Lord has called on shareholders to
accept Canadian giant Saputo's $ 500 million - plus takeover offer as WCB gets set to formally reject Murray
Goulburn's rival
bid in its target's statement.