Bega open to WCB talks with Lion

Lion not expected to launch bid, but becomes key player in WCB race.

In light of Japanese-owned Lion taking a stake in Warrnambool Cheese & Butter (WCB), potential WCB suitor Bega Cheese (BGA) has expressed an openness to talks with Lion, according to The Australian Financial Review.

Bega is among the bidders for WCB, having offered $2 cash and 1.2 Bega shares, worth $7.27 per WCB share, for WCB. Murray Goulburn has offered $7.50 per share in cash, while Canadian firm Saputo has offered $8 a share.

{{content.question}}

{{ twilioFailed ? 'SMS Code Failed to Send…' : 'SMS Code Sent…' }}

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

We cannot send you a code via SMS to {{user.DayPhone}}

If you didn't receive SMS code please

SMS code cannot be sent due to: {{ twilioStatus }}

Please select one of the options below:

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device


Verify your mobile number to unlock a FREE trial

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa
Mastercard

The email address you entered is registered with InvestSMART.

Please login or select "Don't know password"

Please untick this box when using a public or shared device


Register as a new member

(using a different email)

Related Articles