Dairy target upbeat

Takeover target Warrnambool Cheese and Butter says it could double earnings in the current year as market conditions improve. It forecast 2013-14 earnings of $47 million to $52 million, and last month rejected a $319 million offer from Bega Cheese. More details will be available when Warrnambool Cheese releases its target's statement.

By InvestSMART · 3 Oct 2013

By InvestSMART ·
3 Oct 2013

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Takeover target Warrnambool Cheese and Butter says it could double earnings in the current year as market conditions improve. It forecast 2013-14 earnings of $47 million to $52 million, and last month rejected a $319 million offer from Bega Cheese. More details will be available when Warrnambool Cheese releases its target's statement.

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Dairy target upbeat

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