insto - Australian financial markets

The team of analysts at mergermarket track private equity news and moves across the Australian market. What follows is a summary of the most significant new PE moves, along with updates on deals that have already been reported.

New situations

• Warrnambool receives approach: CHAMP Private Equity is believed to be behind the offer for Warrnambool Cheese and Butter, the Australian-listed dairy group. But it is not the only party rumoured to be a suitor. Others are Murray Goulburn, Parmalat, and Fonterra.