date:Nov 18, 2013
Saputo, Inc. on Nov. 15 raised its offer to acquire Warrnambool Cheese and Butter Factory Co. Holdings Ltd. to A$9 ($8.43) per share, besting the A$8.675 per share offer submitted by Bega Cheese Ltd. on Nov. 14 and equal to the A$9 per share offer proposed by Murray Goulburn Co-operative Co Ltd. on Nov. 13.
The bid by Murray Goulburn is considered highly conditional, as it is subject to no objection by the Australian Competition and Consumer Commission or to granting of authorization by the Aus