Kirin enters WCB fray

Lion Nathan, wholly owned by Lion Nathan, has blown the other bidders for Warrnambool out of the water.

Japanese group Kirin has revealed itself as the mystery buyer of a blocking stake in Warrnambool Cheese and Butter.

The Japanese brewer which owns Lion Nathan and Dairy Farmers this morning placed an order for $40 million worth of WCB stock at $9.25, sending Warrnambool's share price soaring to as high as $9.30, snapping up 9% of the company.


SMS Code Sent…

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

please enter this code below to activate your membership

If you didn't receive SMS code please

Log in to access this content

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

Hi {{ user.FirstName }}

Verify your mobile number to unlock a FREE trial

Looks like you've already taken a free trial

Please sign up for full access

Updating information

Please wait ...

Related Articles