Saputo, Murray Goulburn deal plots tricky Australian regulatory path

Introduction

Date: 16 February 2018. Duration: 11:56

Canadian dairy giant Saputo is aiming to acquire ailing Australian milk producer Murray Goulburn Co-operative for AUD $1.3 billion ($1 billion), with Australia’s competition regulator set to decide on the acquisition on March 1. But the deal is not without its regulatory challenges, as MLex’s managing editor for Australasia, James Panichi, and Senior Correspondent Laurel Henning discuss.

For more insight:

Collapse of Saputo dairy deal would spark credit crunch for Murray Goulburn, company says (8 February 2018)

Saputo, Murray Goulburn dairy deal decision suffers two-week delay (2 February 2018)

Saputo's Australian assets suggest tricky regulatory path for Murray Goulburn acquisition (10 November 2017)