DataRoom AM: Murray Goulburn's grievance

Two regulatory wrongs don’t make a right for Gary Helou, while Telstra makes its first foray into Indonesia.

There is plenty of discussion over the regulatory process that helped Canadian firm Saputo cruise to control of Warrnambool Cheese and Butter after a long and heated battle. But does the debate focus on the right issues? Failed bidder Murray Goulburn has at least one reason to feel aggrieved as it officially throws in the towel.

Elsewhere, Telstra Corporation makes its first move into Indonesia, there’s plenty of interest in the Australian operations of Investec Securities and the race for Macquarie Generation is done to three.

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