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News: MGC MG Unit Trust Says Murray Goulburn Settled Endeavour River Class Action

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    24/06/19
    11:40
    Post #: 39205078

    June 24 (Reuters) - MG Unit Trust (MGC) :

    • MURRAY GOULBURN CO-OPERATIVE CO., MG RESPONSIBLE ENTITY REACHED AGREEMENT TO SETTLE ENDEAVOUR RIVER CLASS ACTION
    • SETTLEMENT AMOUNT IS $42 MILLION INCLUSIVE OF INTEREST AND COSTS, APPROXIMATELY 80% OF WHICH WILL BE FUNDED BY INSURANCE
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