Bega chairman patient on Warrnambool

Barry Irvin says there is value in waiting but the cheese maker can move quickly if circumstances change.

Bega Ltd chairman Barry Irvin says the company’s board feels no pressure at present to improve its $7.82 takeover offer for Warrnambool Cheese & Butter Factory Ltd - but it could move quickly to materially improve its offer if rivals Murray Goulburn Co-operative Ltd and Saputo Inc do.

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