Bega Cheese to swallow Warrnambool

Bega Cheese has made a full takeover bid for Warrnambool Cheese and Butter, which, if successful, would create one of Australia’s largest listed food companies.
Bega Cheese now owns 18 per cent of Warrnambool Cheese. Its offer is 28 per cent above Wednesday’s closing price of $4.51.  Sydney Morning Herald – Read more…