Saputo lifts Warrnambool stake

Saputo Inc has increased its shareholding in its takeover target Warrnambool Cheese and Butter Factory.

Saputo Inc has increased its shareholding in its takeover target Warrnambool Cheese and Butter Factory Ltd to 20.1 per cent, says an ASX sstatement, making the Montreal-based dairy giant the biggest shareholder in the western Victorian dairy producer.

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