date:Feb 25, 2014
lding in WCB to Saputo, with Bega Cheese receiving $99 million, with a net profit after tax of approximately $44 million.
We are pleased with the outcome of the Warrnambool bid, said Barry Irvin, Executive Chairman of Bega Cheese.
Bega Cheese has a number of business development and corporate opportunities that we are currently evaluating, Mr Irvin said. The Board continues to hold the view that further consolidation of the Australian dairy industry will create greater value across the supply