DataRoom AM: Cow tipping

Canadian suitor Saputo is expected to make a renewed bid for Warrnambool Cheese while credit checking group Veda eyes an IPO.

The eagerly anticipated next bid for Warrnambool Cheese and Butter could arrive today, with Canada’s Saputo ready to trump the offer of Murray Goulburn. While the dairy giant hopes that will put an end to the bidding war, another chapter appears likely to be written before long.


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