Monday 28 July 2008

Sydney Olympic Park. National Foods get the nod

The ACCC has said it would not intervene in the acquisition by National Foods and its joint venture partner, Warrnambool Cheese & Butter Factory, of Dairy Farmers Co-Operative, based at Sydney Olympic Park. The company put itself on the market in April, valued at approximately $900 million. The company’s 2000 farmer-shareholders will have the final say on its sale.

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