DataRoom AM: Saputo intolerance

WCB shareholders hit back at their board’s apparent Saputo favouritism, while UBS is also a winner in Ansell’s latest acquisition.

After another big day in the Warrnambool Cheese and Butter takeover stoush, the prospect of crowning a victor appears no closer. Bega Cheese and Murray Goulburn are now taking fellow suitor Saputo to the Takeovers Panel, which may see the Canadian firm asked to hand back the shares it has already received from shareholders. It is the latest twist in a seemingly never-ending battle.

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