date:Oct 21, 2013
0 global dairy producers.
Under the terms, Murray Goulburn made an off-market offer of A$7.5, beating Saputo's A$7. It plans to pay for the transaction through additional debt facilities from National Australia Bank (NAB), Australia and New Zealand Banking (ANZ) and Westpac Banking (WBC).
Lazard is acting as financial adviser to Murray Goulburn, while Herbert Smith Freehills is providing legal counsel.
The proposal is a part of Murray Goulburn's strategy to consolidate the struggling dairy se