date:Nov 26, 2013
Ltd's Australian food and beverage business all holding significant stakes in Warrnambool, analysts warned the prospects for a successful resolution to the three-month takeover battle looked remote.
Unless we see some of these bigger stakes pairing up, it's highly unlikely that we're going to see a takeover bid being successful, said Julia Lee, an equities analyst at Bell Direct.
Bega owns almost 18 percent of Warrnambool and Murray Goulburn holds 17 percent, while Kirin's Lion last month took