Sydney Olympic Park. National Foods get the nod

The ACCC has said it would not intervene in the acquisition by National Foods and its joint venture partner, Warrnambool Cheese & Butter Factory, of Dairy Farmers Co-Operative, based at Sydney Olympic Park. The company put itself on the market in April, valued at approximately $900 million. The company’s 2000 farmer-shareholders will have the final say on its sale.