date:Sep 17, 2013
tors had issued a formal recommendation. WCB has appointed Minter Ellison and CIMB Corporate Finance (Australia) Limited to assist WCBs director to evaluate and respond to the Bega offer.
Murray Goulburn said it would take time to consider the detail of the offer.
Industry commentators have speculated that if Murray Goulburn, as a major shareholder of WCB, were to accept the Bega offer, it could be a catalyst for further combinations by Bega with Murray Goulburn.
This comes at a time when dair