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Challenging outlook for Australian dairy giant WCB
date:Apr 23, 2013
n Managing Director.

While business analysts speculated that the increase in investment could be a move towards an eventual takeover of WCB by Murray Goulburn, Mr Helou said that is not currently the Companys intention.

This is a strategic investment and there is no current intention to make a takeover offer for WCB, nor do we currently seek Board representation, Mr Helou said.

Murray Goulburn said it was willing, for a limited period of time, to acquire additional shares in WCB at the same

12/23 22:32