Saputo lifts WCB holding again

Canadian dairy giant edges even closer to winning takeover battle for Warrnambool Cheese and Butter Factory.

Canadian dairy giant Saputo has further increased its stake in Warrnambool Cheese and Butter Factory Company Holdings Ltd, edging closer to winning a three-month takeover battle.

In a statement to the Australian Securities Exchange, WCB said Saputo's voting power had lifted to 47.85%, compared with 46.17% earlier.

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