DataRoom AM: Superior Saputo

Saputo has emerged the likely victor in the battle for Warrnambool Cheese and Butter, while a tie-up between Air New Zealand and Singapore Airlines could ruffle feathers at Virgin Australia.

A victor is now all but declared in the long running fight for Warrnambool Cheese and Butter as Saputo moves to within touching distance of a majority shareholding. The focus now turns to the next local takeover target as dairy consolidation continues apace.


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