Board supports Saputo bid BUT do the supplier shareholders agree.
Many suppliers are not happy selling out to and supplying a foreign take over, they prefer an Australian owned merger.
MG, suppliers that they have left are totally against a takeover of WCB. Seems they need the supply of milk so let them PAY for it, then their milk intake may increase.
IMO DYOR
News: WCB board supports Saputo bid , page-2
Add to My Watchlist
What is My Watchlist?