DataRoom AM: Curds of prey

Fonterra takes a slice of Bega in the race for WCB, while Qantas forks out $60 million for Jetstar Japan.

The side-door entrance of Fonterra into the race for Warrnambool Cheese and Butter has again shaken things up, putting minnow Bega Cheese into the front seat. Given how the takeover battle has proceeded so far, however, it shouldn’t get too comfortable in that position.

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