date:Apr 23, 2013
n Managing Director.
While business analysts speculated that the increase in investment could be a move towards an eventual takeover of WCB by Murray Goulburn, Mr Helou said that is not currently the Companys intention.
This is a strategic investment and there is no current intention to make a takeover offer for WCB, nor do we currently seek Board representation, Mr Helou said.
Murray Goulburn said it was willing, for a limited period of time, to acquire additional shares in WCB at the same