lion buys blocking stake in wcb, page-7

Interesting views from McCrann today. He suggests that Lion's purchase all but rules out Saputo getting to 50.1%.

Also consider this

1. Dr.Napthine is the Premier of Victoria.
2. Dr.Napthine is a former western victoria based vet.
3. The lactoferrin deal that Napthine flew to China to recently sign.
4. When was the last time a State Premier approved of the sale of a significant sized export business in his own electoral backyard?

As for the whole nationalism argument it is irrelevant.

Are the kiwis nationalists because Fonterra is NZ owned?

Are the canucks nationalists because they wouldn't sell Saskatchewan Potash to foreign buyers?

Are the yanks nationalists because they wouldn't sell Chevron to CNOOC?

And finally are the EU nationalists because they won't let Aussie or Kiwi farmers even get a foot in the door when it comes to dairy exports?