13 February 2014
Saputo's takeover offer for Warrnambool Cheese and Butter Factory has closed, with the Canadian dairy giant holding just shy of 88% of the Australian processor.
13 February 2014
Australian group Lion has booked an impairment charge of A$338.8m on its dairy business, which it warned faced "considerable headwinds".
23 January 2014
Murray Goulburn has decided to accept the takeover offer for fellow Australian dairy firm Warrnambool Cheese and Butter Factory from Saputo.
22 January 2014
Saputo has secured control of Warrnambool Cheese and Butter Factory after winning the backing of shareholders representing over half the Australian dairy processor.
16 January 2014
Saputo's bid to buy Warrnambool Cheese and Butter Factory was given a boost today (16 January) after Bega Cheese decided to sell its stake in the Australian firm to the Canadian dairy giant.
10 January 2014
Saputo has said its current bid for Australian dairy processor Warrnambool Cheese and Butter Factory is its "last and final offer".
3 January 2014
Australian dairy processor Bega Cheese has received interest in its stake in local peer and takeover target Warrnambool Cheese and Butter Factory.
19 December 2013
Australian dairy processor Bega Cheese, which kicked off the takeover battle for local peer Warrnambool Cheese and Butter Factory, is to walk away from the table and close its offer.
17 December 2013
Saputo has increased its bid for Warrnambool Cheese and Butter Factory after an intervention from Australia's Takeovers Panel.
12 December 2013
Australia's Takeovers Panel is reportedly set to announce whether Canadian dairy giant Saputo must up its offer for local processor Warrnambool Cheese and Butter Factory.
10 December 2013
Stuart Irvine, chief executive of Australian food and drink group Lion, has played down speculation the company's dairy processing business could be sold.
2 December 2013
Australia's Takeovers Panel has put Saputo's bid to buy local dairy processor Warrnambool Cheese and Butter Factory on hold.
29 November 2013
Fonterra has snapped up more shares in Bega Cheese, the Australian dairy processor.
28 November 2013
Murray Goulburn is challenging Saputo's latest bid for Australian dairy Warrnambool Cheese and Butter Factory.
25 November 2013
Saputo has upped the stakes in the battle to buy Warrnambool Cheese and Butter Factory, with a pledge to increase its offer again if it secures over half of the Australian dairy firm.
15 November 2013
Saputo has reacted to new offers from rivals and returned to the table with a higher bid for Australian dairy Warrnambool Cheese and Butter Factory.
14 November 2013
Two of the bidders for Warrnambool Cheese and Butter Factory have this week made fresh offers for the Australian dairy. The focus now moves to the third suitor - Canadian dairy giant Saputo, which has long coveted an entry into the market and is eyeing the business as a way into Asia.
13 November 2013
Murray Goulburn has returned to the table with a fresh offer - and the highest yet - for sought-after Australian dairy peer Warrnambool Cheese and Butter Factory.
4 November 2013
The battle to acquire Warrnambool Cheese and Butter Factory has evolved into a complex series of tactical manoeuvres that could make Sun Tzu's The Art of War seem like light reading. Since the first takeover approach was announced, the tussle for WCB has seen industry majors Saputo, Murray Goulburn and Bega Cheese competing for ownership of the Australian dairy. With the stakes high, it is clear that it is all still to play for. Katy Askew reports.
30 October 2013
Australian food and beverage group Lion has reported a 4.% drop in third-quarter sales from its dairy and soft drink business as it rationalises its portfolio and battles competition.
29 October 2013
Australian dairy and beverage group Lion has snapped up just under 10% of Warrnambool Cheese and Butter Factory, the latest twist in the battle to buy the business.
1 August 2013
Lion Pty Ltd, the Australian arm of Japan's Kirin Holdings, has seen first-half profits drop at its dairy business, which was hit by lower sales and higher raw materials costs.
9 July 2013
Australian dairy group Lion Pty Ltd has changed distributor in Hong Kong, signing local food and drink Vitasoy International Holdings to handle brands including Yoplait and Pura milk.
1 May 2013
Australian food and drink group Lion has admitted returns from dairy and soft drinks business remain "a long way from acceptable" after a challenging first quarter.
1 May 2013
Kirin Holdings has reported a significant return to net profit in its first quarter helped by the sale of its stake in Fraser and Neave earlier this year.
1 February 2013
Japanese food and drink firm Kirin Holdings has said it will sell its 15% stake in Fraser and Neave to investment vehicle TCC Assets for around S$2bn (US$1.6bn).
31 January 2013
Thai investment vehicle TCC Assets has gained a controlling stake in Singapore food and drink group Fraser and Neave after acquiring more shares in the group.
4 January 2013
The battle for Fraser & Neave (F&N) has taken another twist after Overseas Union Enterprise (OUE) extended the deadline for its SGD13.1bn (US$10.7bn) offer for the Singapore conglomerate.
19 December 2012
Fraser and Neave's board of directors has branded Overseas Union Enterprise's (OUE) S$13.1bn (US$10.7bn) offer for the group as "not compelling, but fair".
17 December 2012
TCC Assets, the fund battling to buy Fraser and Neave, has spoken out after a report claimed it is looking to acquire an extra 10% of the Singapore food and drink group.