Bega sweetens WCB bid

Suitor to lift the value of its cash and shares bid and make it unconditional, declares this will be its final offer.

Bega Chesse (BGA) will increase its offer for Warrnambool Cheese & Butter Factory Company Holdings (WCB) and make the offer unconditional.

In a statement to the Australian Securities Exchange, Bega said it will lift its offer to 1.5 Bega shares and $2 cash per WCB share, valuing the offer at $8.87 per share.

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