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Saputo bids to acquire Australia's Warrnambool Cheese and Butter

2013-10-09 01:00:00| Food Processing Technology

Saputo, a Canadian dairy processor, has announced a $370m all-cash bid to take over Australian dairy processor Warrnambool Cheese and Butter (WCB), beating a significantly lower bid from the latter's majority shareholder Bega Cheese in September.

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