John Spark

Latest articles

5d
Canberra Times
Murray Goulburn settles with ASIC over conduct before downgrade, milk price cutthat other investigations were continuing into other aspects of Murray Goulburn
Canberra Times / Posted 5 days ago
that other investigations were continuing into other aspects of Murray Goulburn's conduct. Murray Goulburn chairman John Spark welcomed the conclusion of ASIC's investigation. Murray Goulburn said it was not alleged by ASIC that the company... Read more
12 related articles
5d
Weekly Times
MG to pay $650,000 settlementwith no suggestion of intent. “We consider that this settlement is in the best
Weekly Times / Posted 5 days ago
with no suggestion of intent. “We consider that this settlement is in the best interests of Murray Goulburn as we continue to focus on our objective of supporting our farmer suppliers,” Murray Goulburn chairman John Spark said in a statement t... Read more
12 related articles
5d
Australian Broadcasting Corporation
Dairy processor Murray Goulburn settles with ASIC over disclosure breachprovisions of the Corporations Act. The settlement requires Federal Court appr
Australian Broadcasting Corporation / Posted 5 days ago
provisions of the Corporations Act. The settlement requires Federal Court approval. Chairman of Murray Goulburn, John Spark, released a statement saying: We consider that this settlement is in the best interests of Murray Goulburn as we... Read more
12 related articles
5d
TheBull
Murray Goulburn to pay $650,000 settlementno suggestion of intent. "We consider that this settlement is in the best inte
TheBull / Posted 5 days ago
no suggestion of intent. "We consider that this settlement is in the best interests of Murray Goulburn as we continue to focus on our objective of supporting our farmer suppliers," Murray Goulburn chairman John Spark said in a statement on Thurs... Read more
12 related articles
5d
WA Today
Dairy processor Murray Goulburn settles with ASICcivil penalty of $650,000. ASIC said the court would determine the final amoun
WA Today / Posted 5 days ago
civil penalty of $650,000. ASIC said the court would determine the final amount of the penalty. Murray Goulburn chairman John Spark welcomed the conclusion of ASIC's investigation. The action relates to a trading update released in April 2016 in... Read more
12 related articles
5d
The Age
Dairy processor Murray Goulburn settles with ASIC over conduct before milk price cutmove that caused a stir at the dairy processor's annual general meeting in Melb
The Age / Posted 5 days ago
move that caused a stir at the dairy processor's annual general meeting in Melbourne. Murray Goulburn's chairman, John Spark, said the settlement was in the best interests of the dairy processor. "Murray Goulburn takes its disclosure... Read more
12 related articles
5d
Sydney Morning Herald
Dairy processor Murray Goulburn settles with ASIC over conduct before milk price cutmove that caused a stir at the dairy processor's annual general meeting in Melb
Sydney Morning Herald / Posted 5 days ago
move that caused a stir at the dairy processor's annual general meeting in Melbourne. Murray Goulburn's chairman, John Spark, said the settlement was in the best interests of the dairy processor. "Murray Goulburn takes its disclosure... Read more
12 related articles
18d
Weekly Times
Tassie benefits from MG saledeal was unanimously recommended by the MG board and if approved will be finali
Weekly Times / Posted 18 days ago
deal was unanimously recommended by the MG board and if approved will be finalised in the first half of 2018. MG chairman John Spark said the board believed that the sale represented the best available outcome for the company’s suppliers and... Read more
26 related articles
19d
Weekly Times
MG to squirrel away $220m for damageswould pay only about 75c a share/unit upon completion of the sale to Saputo, ex
Weekly Times / Posted 19 days ago
would pay only about 75c a share/unit upon completion of the sale to Saputo, expected early in the new year. MG chairman John Spark told investors attending the co-operative’s annual general meeting on Friday it was retaining 35-40c of the... Read more
20d
Weekly Times
Co-op’s missed chanceof MG early in the new year, with the expectation it would be completed by the
Weekly Times / Posted 20 days ago
of MG early in the new year, with the expectation it would be completed by the end of June. Murray Goulburn chairman John Spark said the company did not have to put the deal to a ballot because it involved an asset sale, but did so because... Read more
26 related articles
21d
Australian Food News
Murray Goulburn sold to Saputo for $1.3 billionwithin Murray Goulburn (MG). Saputo have said they would finance the acquisiti
Australian Food News / Posted 21 days ago
within Murray Goulburn (MG). Saputo have said they would finance the acquisition through a new bank loan. MG chairman John Spark said the weight of debt and significant loss of milk to competitors forced MG’s hand. The Directors of MG... Read more
26 related articles
24d
Canberra Times
Murray Goulburn to be sold to Canada's Saputo for $1.3benough to preserve the processor's milk supply as farmers left and sent their m
Canberra Times / Posted 24 days ago
enough to preserve the processor's milk supply as farmers left and sent their milk elsewhere. Murray Goulburn chairman John Spark after the AGM in Melbourne. Photo: Justin McManus Many farmers hit out after the company told the ASX a couple of... Read more
46 related articles
24d
The Courier Mail
Saputo Dairy buys Murray Goulburnbenefit from a series of commitments from Saputo ensuring milk collection and m
The Courier Mail / Posted 24 days ago
benefit from a series of commitments from Saputo ensuring milk collection and market pricing into the future. Chairman John Spark said, "MG has reached a position where, as an independent company, its debt was simply too high given the... Read more
46 related articles
24d
Weekly Times
Low hurdle for MG buyout votethe whole company without going to the voting shareholders, because the transac
Weekly Times / Posted 24 days ago
the whole company without going to the voting shareholders, because the transaction is deemed an “asset sale”. Chairman John Spark said there was a section in the co-operative’s constitution giving the board the ability to sell assets at any... Read more
24d
Sky News Australia
Murray Goulburn sale goes overseasbillion deal forced by the local firm's mounting debts and failure to secure en
Sky News Australia / Posted 24 days ago
billion deal forced by the local firm's mounting debts and failure to secure enough milk supply. Murray Goulburn chairman John Spark says the sale to Saputo is the dairy co-operative's best option, with its situation worsened by an inability to... Read more
46 related articles
24d
Perth Now
Murray Goulburn gone to Saputo for $1.3bbillion deal forced by the local firm's mounting debts and failure to secure en
Perth Now / Posted 24 days ago
billion deal forced by the local firm's mounting debts and failure to secure enough milk supply. Murray Goulburn chairman John Spark says the sale to Saputo is the dairy co-operative's best option, with its situation worsened by an inability to... Read more
46 related articles
24d
News.com.au
Saputo Dairy buys Murray Goulburnbenefit from a series of commitments from Saputo ensuring milk collection and m
News.com.au / Posted 24 days ago
benefit from a series of commitments from Saputo ensuring milk collection and market pricing into the future. Chairman John Spark said, "MG has reached a position where, as an independent company, its debt was simply too high given the... Read more
46 related articles
24d
Geelong Advertiser
Saputo Dairy buys Murray Goulburnbenefit from a series of commitments from Saputo ensuring milk collection and m
Geelong Advertiser / Posted 24 days ago
benefit from a series of commitments from Saputo ensuring milk collection and market pricing into the future. Chairman John Spark said, "MG has reached a position where, as an independent company, its debt was simply too high given the... Read more
46 related articles
24d
Geelong Advertiser
Murray Goulburn gone to Saputo for $1.3bbillion deal forced by the local firm's mounting debts and failure to secure en
Geelong Advertiser / Posted 24 days ago
billion deal forced by the local firm's mounting debts and failure to secure enough milk supply. Murray Goulburn chairman John Spark says the sale to Saputo is the dairy co-operative's best option, with its situation worsened by an inability to... Read more
46 related articles
24d
Weekly Times
MG grilled at AGMthe MG board was mixed. Cobram supplier Paul Mundy was first to the microphone
Weekly Times / Posted 24 days ago
the MG board was mixed. Cobram supplier Paul Mundy was first to the microphone, speaking against the election of chairman John Spark. “It’s 19 months to the day when we were 43 per cent of the Australian dairy industry and today you have... Read more
46 related articles
24d
TheBull
Murray Goulburn gone to Saputo for $1.3bbillion deal forced by the local firm's mounting debts and failure to secure en
TheBull / Posted 24 days ago
billion deal forced by the local firm's mounting debts and failure to secure enough milk supply. Murray Goulburn chairman John Spark says the sale to Saputo is the dairy co-operative's best option, with its situation worsened by an inability to... Read more
46 related articles
24d
Perth Now
Murray Goulburn's end angers dairy farmersfarmer thanked the "old" board for "stuffing up a truly magnificent Australian
Perth Now / Posted 24 days ago
farmer thanked the "old" board for "stuffing up a truly magnificent Australian company", which prompted chairman John Spark to ask that his comments be respectful. "That was respectful," the man replied. Another attendee said the board... Read more
46 related articles
24d
News.com.au
Murray Goulburn’s end angers dairy farmersfarmer thanked the "old" board for "stuffing up a truly magnificent Australian
News.com.au / Posted 24 days ago
farmer thanked the "old" board for "stuffing up a truly magnificent Australian company", which prompted chairman John Spark to ask that his comments be respectful. "That was respectful," the man replied. Another attendee said the board... Read more
46 related articles
25d
The Courier Mail
Canada snares Aussie milk giant for $1.3bnan increase in the price the Melbourne-based dairy processor pays dairy farmers
The Courier Mail / Posted 25 days ago
an increase in the price the Melbourne-based dairy processor pays dairy farmers for their milk. Murray Goulburn chairman John Spark said the sale to Saputo was the dairy co-operative’s best option given its high debt and significant loss of milk... Read more
46 related articles
25d
The Border Mail
Debt hanging over MG sealed its fateit is certainly one that, given the current circumstances, is in the best inter
The Border Mail / Posted 25 days ago
it is certainly one that, given the current circumstances, is in the best interest of all MG stakeholders.” Chairman John Spark said the board undertook extensive examination of each of the external proposals received – in their own right and... Read more
46 related articles
25d
TheBull
Saputo to pay $1.3b for Murray Goulburnin a $1.3 billion deal forced by the local firm's mounting debts and dwindling
TheBull / Posted 25 days ago
in a $1.3 billion deal forced by the local firm's mounting debts and dwindling milk supplies. Murray Goulburn chairman John Spark said the sale to Saputo is the dairy co-operative's best option given its high debt and a significant loss of milk... Read more
46 related articles
25d
Herald Sun
Canada snares Aussie milk giant for $1.3bnan increase in the price the Melbourne-based dairy processor pays dairy farmers
Herald Sun / Posted 25 days ago
an increase in the price the Melbourne-based dairy processor pays dairy farmers for their milk. Murray Goulburn chairman John Spark said the sale to Saputo was the dairy co-operative’s best option given its high debt and significant loss of milk... Read more
46 related articles
25d
Weekly Times
Saputo sale slammed at MG AGMCentre hadn’t seen the announcement others while others were still trying to di
Weekly Times / Posted 25 days ago
Centre hadn’t seen the announcement others while others were still trying to digest the news. Reactions were mixed. John spark stressing important of meeting says asx notice “key focus” of meeting. Dealing formal items first... Read more
25d
The Border Mail
Saputo to buy Murray Goulburn for $1.31ba position where, as an independent company, its debt was simply too high given
The Border Mail / Posted 25 days ago
a position where, as an independent company, its debt was simply too high given the significant milk loss,” said chairman John Spark. The transaction will includes all MG milk supply commitments to active suppliers, for a $114 million price. MG... Read more
46 related articles
25d
Business Insider Australia
Canada's Saputo has made a $1.3 billion bid for Murray Goulburndairy trust’s units at between $1.10 and $1.15, a premium to the last traded pr
Business Insider Australia / Posted 25 days ago
dairy trust’s units at between $1.10 and $1.15, a premium to the last traded price of $0.83. Murray Goulburn chairman John Spark says the bid represents the best available outcome for milk suppliers and investors. Saputo is one of the top 10... Read more
46 related articles
27d
Weekly Times
Crunch time for MGstrategic review. It comes as there is speculation some suppliers would propos
Weekly Times / Posted 27 days ago
strategic review. It comes as there is speculation some suppliers would propose a no-confidence motion in the MG chairman John Spark at the AGM, based on concerns about the sale of the co-operative. Mr Spark, along with MG board hopeful Mark... Read more

In this news