date:Jan 27, 2014
Murray Goulburn Co-operative Co. Limited (MG) today announced that as a result of Saputo Inc (Saputo) acquiring a controlling interest in Warrnambool Cheese and Butter Factory Company Holdings Limited (WCB), it intends to seek the consent of the Australian Securities and Investments Commission (ASIC) to withdraw its bid for WCB, and has withdrawn its authorisation application to the Australian Competition Tribunal (ACT).
MG also intends to accept into Saputo's offer which is anticipated to take