Saputo bidding for Dairy Farmers?

Posted 25 July, 2008
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Canada’s dairy processor Saputo is reported to be a new bidder for Australia’s Dairy Farmers Association.

According to local press reports, the bidding is now between three contenders and according to the Australian Financial Review Saputo will now compete with Parmalat and National Foods to purchase the Australian co-operative. Saputo has not needed to seek approval from the ACCC as it doesn’t have extensive operations in Australia.