date:Mar 04, 2014
s maintained its focus on maximising returns and the implementation of its strategic business initiatives, he said.
During the six months to 31 December 2013, WCB was the target of takeover bids from Bega Cheese Limited, the Murray Goulburn Co-operative and Saputo Dairy Australia. As at 7pm on 12 February 2014, Saputo was successful in achieving 87.92 per cent of voting power in WCB.
Although the takeover process was lengthy and well publicised, the bids for WCB have realised an excellent prem