date:Jan 20, 2014
f need and positioning the company for the future.
Bega Cheese's initial investment in WCB and subsequent takeover offer for the company has created significant value for both companies' shareholders.
In September 2013, Bega offered A$5.75 per share to takeover Warrnambool; however, it revised the bid in November to 1.5 of its shares and A$2 cash.