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Australian regulator puts Saputo Inc's bid for Warrnambool Cheese And Butter Factory Co on hold - Reuters


Friday, 29 Nov 2013 01:37am EST 

Warrnambool Cheese And Butter Factory Co Holdings Ltd:Says Saputo Inc bid for Australia's Warrnambool Cheese and Butter Factory Co was dealt a blow after a regulator granted a rival suitor's request for an interim order preventing the Canadian dairy firm from processing acceptances received in the deal - Reuters.Says Saputo Inc declared its A$9 bid, which is backed by the Warrnambool board, unconditional on Monday and said it would hike its offer if it won control. 

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