Saputo extends WCB takeover bid

Canadian dairy giant's bid to close on same day as Bega's rival offer next week.

Canadian diary giant Saputo has extended its takeover offer for Warrnambool Cheese and Butter Factory Company Holdings Ltd by a week.

Saputo's offer will now remain open until December 20, instead of today.

Rival bidder Bega Cheese Ltd, one of three companies vying for Warrnambool, on Wednesday extended its offer from December 12 to the 20th.

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