Australian dairy company Bega offers takeover bid for Warrnambool Cheese and Butter
date:Sep 17, 2013
o benefit from being associated with a larger, more diversified organisation, an enhanced market position and a scale that is globally relevant, Mr Irvine said.

The offer from Bega comes amid difficult times for WCB. Australian Food News reported in August 2013 that WCB had announced a 2013 financial year profit that was 50 per cent loss on the previous year.

WCB said it had not yet had an opportunity to review Begas offer, and urged shareholders to take no action on the offer until WCBs direc
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