date:Sep 17, 2013
the closing share price of WCB the day before the offer was made.
Meanwhile, NZ-Australian dairy giant Fonterra has joined forces with the Chinese state-owned investment agency China Investment Corporation to make an offer for Tasmanias largest dairy farming enterprise the Van Diemens Land Company (VDL). Both Bega move on WCB in Victoria and the proposed takeover of VDL in Tasmania signal major structural shifts in the heartlands of the Australian dairy industry in Victoria and Tasmania.
Bega