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Saputo's share in Warrnambool increases to 80 percent
date:Feb 11, 2014
Now sitting at 81.436 percent of WCB shares, Saputos planned takeover of the business is edging closer to completion, leaving only Japanese beverage giant Kirin - who holds a 10 percent share in WCB - in the picture as the two other suitors, Murray Goulburn and Bega have since sold up their shares to the Canadian processor.

According to The Mercury, the rise to an 81.4 percent share means that investors who choose to sell to Saputo will receive $9.40 per share - an increase of 20 cents from the

12/22 03:13