DataRoom AM: Cheese puff

Murray Goulburn hires professional lobbyists to bolster its Warrnambool bid, while Hockey considers buying a stake in Qantas.

The ongoing battle for control of Warrnambool Cheese and Butter has taken a further twist with Murray Goulburn once again trumping the offers of Bega Cheese and Saputo. The latter, which is favoured by the board, arguably now has the lowest bid on the table. Crucially, it may not hold the luxurious advantage of regulatory approval over Murray Goulburn for much longer if lobbyists get their way.

Elsewhere, the government reportedly mulls an equity stake in Qantas Airways, McAleese Group has a strong first day on the ASX, Nine Entertainment nears its bookbuild and Forge Group negotiates a desperate deal with ANZ Banking Group.

{{content.question}}

Mastercard

{{ twilioFailed ? 'SMS Code Failed to Send…' : 'An SMS verification code has been sent ...' }}

Hi {{ user.FirstName }}

Looks like you have already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to complete your SMS verification

We cannot send you a code via SMS to {{user.DayPhone}}

If you didn't receive SMS code please

SMS code cannot be sent due to: {{ twilioStatus }}

Please select one of the options below:

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device


Verify your mobile number to proceed...

Please check your mobile number below and press the Send Verification Code button. This will be used to complete your verification in the next step.

Please sign up for full access

Mastercard

Updating information

Please wait ...

Trial

Mastercard
{{ productPrice }} / day
( GST included )
Price $0
GST $0
Discount -{{productDiscount}}
TOTAL {{productPrice}}
  • Mastercard
  • Visa

Please click on the ACTIVATE button to finalise your membership

Mastercard

The email address you entered is registered with InvestSMART.

Please login or select "Don't know password"

Please untick this box when using a public or shared device


Register as a new member

(using a different email)

Related Articles