Challenging outlook for Australian dairy giant WCB
date:Apr 23, 2013
d in November 2010 that Bega Cheese had acquired a similar-sized stake in WCB.

The respective shareholding investments by Murray Goulburn and Bega signal that WCB may become the first processing domino that might fall if there is to be a consolidation of Australias larger milk processors.

The acquisition of these additional shares and the increase in our stake to 14.5 per cent is a reconfirmation of Murray Goulburns commitment to its long-term investment in WCB, said Gary Helou, Murray Goulbur
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