Saputo Inc. ("Saputo") announced today that it has extended its offer period until January 22, 2014 and has declared its unconditional all-cash takeover offer for all the issued shares in Warrnambool Cheese and Butter Factory Company Holdings Limited ("Warrnambool") as its last and final offer.
The offer will now close at 7.00pm (Melbourne time) on January 22, 2014. Other than possible automatic extensions required under Australian law, there will be no further extensions to the offer period.
Saputo is now the largest shareholder in Warrnambool with a relevant interest of 21.392% as of 7.00pm (Melbourne time) on January 9, 2014.
Rothschild and Rabobank are acting as the financial advisers to Saputo, and Maddocks and Stikeman Elliott are its legal advisers.