Bega Cheese to divest 18.8% Warrnambool stake to Saputo
date:Jan 20, 2014
ith WCB, which began in 2010 when the latter raised $37m capital.

The company plans to use the proceeds to pursue a number of strategic business opportunities, which will ensure its reputation for being a leader in manufacturing milk pay rates and delivering stable and growing returns to shareholders.

Bega Cheese executive chairman Barry Irvin said, Bega Cheese's investment in Warrnambool Cheese Butter has been a resounding success for both companies, enabling WCB to pay down debt in a time o
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