Bega Cheese to study improved Warrnambool bid

10/21/2013 | Bloomberg

Bega Cheese said it will study any improved offers for Australia's Warrnambool Cheese & Butter Factory over the coming weeks, following the recent submission of a third bid for the company from Murray Goulburn Cooperative. "We don’t feel pressured to have to make one today or tomorrow," Bega Cheese Executive Chairman Barry Irvin said regarding the company's decision to raise its initial bid, which was rejected by Warrnambool.

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