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Canada's loss is Australia's gain in Saputo bid for WCB

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Canadian dairy giant Saputo Inc has lifted its stake in Warrnambool Cheese & Butter, as it creeps up the register following its A$504 million bid for Australia’s oldest dairy producer.

Saputo is pitted against well-known Australian dairy cooperative, Murray Goulburn, which is seeking approval from the Competition Tribunal, arguing the net...

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