Kiwi milk giant Fonterra bids for Murray Goulburn

By Darren Gray
Updated September 25 2017 - 6:18pm, first published 6:14pm
Fonterra Australia chief executive Ren???? Dedoncker at the dairy co-operative's cheese factory in Stanhope, Victoria.
Fonterra Australia chief executive Ren???? Dedoncker at the dairy co-operative's cheese factory in Stanhope, Victoria.

New Zealand dairy giant Fonterra, the world's biggest dairy cooperative and a major exporter, has lodged a bid for the Australia's largest dairy processor the troubled Murray Goulburn.

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