date:Jan 17, 2014
Bega Cheese Ltd will walk off with a pile of cash and a kingmaker role in Australia's dairy wars after virtually handing control of the country's oldest milk and cheese producer to a Canadian suitor.
Bega agreed on Thursday to sell its 18.8 percent stake in takeover target Warrnambool Cheese and Butter Factory Holdings Co to Saputo Inc. That effectively ends a takeover battle Bega itself started last year but abandoned as bids spiralled.
With the dust about to settle on one Australia's most in