Canadian dairy giant Saputo said Monday it is considering selling a milk plant in Victoria to smooth regulatory approval of its proposed $1.3 billion deal to buy Murray Goulburn.
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ASIC sues Rio Tinto and former execs
The Australian Securities and Investments Commission has lodged a case in Federal Court against Rio Tinto, its former CEO and former CFO over allegedly misleading market statements it made about the reserves of a recent $4 billion acquisition, a controversy that has already landed the mining giant in hot water with regulators in the UK and US.