Insight

Collapse of Saputo dairy deal would spark credit crunch for Murray Goulburn, company says
Author:James Panichi

In Brief

Milk processor Murray Goulburn Co-operative says it wouldn't be able to pay Australian milk producers competitive prices if a planned acquisition by Canadian dairy giant Saputo falls through. also leading to a possible loss of support from the company's creditors. Australia’s competition regulator is expected to decide on the acquisition by March 1.

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