date:Jan 17, 2014
0 million of value is obviously not without its comforts, Irvin said, referring to the surge in Warrnambool's shares since Bega's first offer. With sales exceeding A$1 billion last year, Bega is the largest cheese-cutting and packaging company in Australasia.
Warrnambool stock rose amid counterbids from both Saputo and fellow Australian dairy producer Murray Goulburn Co-operative Co Ltd. With 45.2 percent of Warrnambool already in its hands, Saputo's anticipated winning offer is likely to event