Warrnambool recommends revised Saputo offer

Warrnambool Cheese and Butter announced this morning that it has agreed with Canadian dairy processor, Saputo's to further amend the terms of its previously announced offer of $9.00 cash per share.
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Food boom may not bring higher prices, says US professor

Tom Hertel founder of the Global Trade Analysis Project and professor at Purdue University in the United States is challenging the basic economic notion of supply and demand by stating that despite an impending food boom, prices of food will get cheaper.
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Warrnambool cash cow tipped to milk up to $11

As the bidding war for Warrnambool continues to gain momentum, analysts have predicted that the Victorian dairy’s share price could reach highs of $11 before it is snapped by the most attractive takeover bid.
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Kirin buys 10 percent stake in Warrnambool

The Australian subsidiary of Japanese food giant, Kirin, has taken a 9.99 percent stake in Warrnambool Cheese and Butter, solving the mystery as to why the dairy’s shares soared as high as $9.30 on Tuesday.
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