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}}

Mastercard

{{ twilioFailed ? 'SMS Code Failed to Send…' : 'An SMS verification code has been sent ...' }}

Hi {{ user.FirstName }}

Looks like you have 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 complete your SMS verification

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 proceed...

Please check your mobile number below and press the Send Verification Code button. This will be used to complete your verification in the next step.

Please sign up for full access

Mastercard

Updating information

Please wait ...

Trial

Mastercard
{{ productPrice }} / day
( GST included )
Price $0
GST $0
Discount -{{productDiscount}}
TOTAL {{productPrice}}
  • Mastercard
  • Visa

Please click on the ACTIVATE button to finalise your membership

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