Canadian dairy giant Saputo will lift its takeover offer for Warrnambool Cheese and Butter to $9.20 per WCB share if it attains a stake in Warrnambool of more than 50 per cent.

Canadian dairy giant Saputo will lift its takeover offer for Warrnambool Cheese and Butter to $9.20 per WCB share if it attains a stake in Warrnambool of more than 50 per cent.