January 30, 2017 / 12:29 AM / a year ago

BUZZ-Australia's Warrnambool Cheese and Butter Factory hits over 10-mth high

** Warrnambool Cheese and Butter Factory rises as much as 23.8 pct to A$8.78, its highest since March 9, 2016

** Canadian diary company Saputo Inc to make an all-cash takeover offer for the 12 pct of Warrnambool it does not already own

** The A$8.85 per-share offer is at a 24.8 percent premium to co’s Friday closing price

** Stock posts biggest intra-day percentage gain since Sept. 2013

** Stock top performer on ASX All Ordinaries index

Reuters Messaging: krishna.vkurup.thomsonreuters.com@reuters.net

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