Bega to move on offer for Warrnambool Cheese
date:Nov 06, 2013
ussed Bega's bid for WCB.

He said Bega would hold meetings for WCB suppliers and shareholders throughout the region soon.

Dairy processor Lion, owned by Japanese company Kirin, last week threw its hat into the ring, picking up a 9.9 per cent stake in WCB for more than $50 million.

This means the three dairy companies, Bega Cheese, Lion and Murray Goulburn - which also bid $7.50 a share for WCB - collectively own about 46 per cent of WCB.

Canadian company Saputo is seeking a minimum of 50.1 p
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