Saputo may change WCB tactics

Complications around takeover bid may force Saputo to buy Warrnambool shares on open market.

Saputo may announce as early as today a change in its takeover tactics towards Warrnambool Cheese and Butter Factory that may include buying Warrnambool shares on market as it strives to get around complications in its bid.

Saputo sought to counter rival Bega Cheese's advantage of having no minimum acceptance conditions by dropping its own minimum acceptance conditions.


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