DAIRY group Murray Goulburn Co-operative has sought to stop rival Saputo buying shares in Warrnambool Cheese and Butter, alleging some investors were misinformed because of a change in Saputo's takeover offer.
The Takeovers Panel has received an application from Murray Goulburn seeking interim orders stopping Saputo processing acceptances of its offer for Warrnambool Cheese shares.
Murray Goulburn also wants Saputo to be prohibited from acquiring Warrnambool Cheese shares on-market.
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