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WCB still backing Saputo takeover after “simplified” offer

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Victorian-based dairy company Warrnambool Cheese and Butter (WCB) has announced that it has agreed with Canadian dairy company Saputo to further amend the terms of the previously announced offer from Saputo...

Milk industry takeover battles: latest update

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The Board of the Victorian-based ASX-listed dairy company Warrnambool Cheese and Butter (WCB) is still advising WCB shareholders to reject the revised offer by New South Wales-based dairy company Bega...

Murray Goulburn ups offer for WCB after Saputo rival bid gets government all-clear

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The battle for Victorian-based dairy company Warrnambool Cheese and Butter (WCB) continues to heat up as Australian dairy co-operative Murray Goulburn has announced a revised takeover offer, increasing...

Fonterra acquisition of Bega shares signals a power shift in WCB takeover battle

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New Zealand based dairy giant Fonterra last week bought 9.3 million shares in New South Wales dairy company Bega for a total cost of $46 million, sending Bega’s share price to a record high. The buy-up...

Have the Canadians dealt the trump card for WCB?

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The Board of Victorian-based dairy company Warrnambool Cheese and Butter (WCB) has announced that it unanimously recommends its shareholders accept a revised offer from Canadian dairy company Saputo to...

Murray Goulburn joins battle for WCB takeover: Is Australia’s biggest dairy shake-up imminent?

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Australian dairy co-operative Murray Goulburn Co-operative Co. Limited (Murray Goulburn) has entered the battle for Victorian-based dairy company Warrnambool Cheese and Butter (WCB) with a $420 million...

Competition for WCB ownership heats up, share price climbs after offer from Canadian dairy processor

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The Board of Victorian-based dairy company Warrnambool Cheese and Butter Factory (WCB) has unanimously recommended that its shareholders accept a takeover bid from Canadian dairy company Saputo. The offer...

WCB trading update predicts doubling profit in 2014

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Victorian-based dairy company Warrnambool Cheese and Butter (WCB) has announced it expects EBITDA for the 2014 financial year to be in the range of $47 million to $52 million, up from the EBITDA $25.5...

WCB directors recommend shareholders reject Bega buy-out offer

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The Board of Victorian-based Warrnambool Cheese and Butter Factory Company Holdings Limited (WCB) has unanimously recommended WCB shareholders reject a take-over offer from Bega Cheese Limited (Bega). On...

Australian dairy in play with Bega opening bid for WCB

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New South Wales-based dairy company Bega Cheese Limited (Bega) has announced that it intends to make an unsolicited off-market $319 million takeover bid for Victorian-based dairy company Warrnambool Cheese...