July 18 (Reuters) - Australia's Bega Cheese Ltd (BGA) said on Wednesday it has agreed to buy a dairy processing facility at Koroit in Victoria state from Saputo Inc's SAP.TO local arm for A$250 million ($184.5 million).
The deal comes four-and-a-half months after Canada's Saputo said it was discussing plans to sell the milk plant to address concerns from Australia's competition watchdog about its buyout of Murray Goulburn Co-operative (MGC) .
At the time, the Australian Competition and Consumer Commission (ACCC) said the Murray Goulburn deal may leave some Victorian farmers little choice when selling their milk. ($1 = 1.3548 Australian dollars)
News: BGA Australia's Bega Cheese to buy Saputo Inc dairy plant for $184.5 mln
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Last
$5.21 |
Change
-0.070(1.33%) |
Mkt cap ! $1.590B | |||
| Open | High | Low | Value | Volume |
| $5.24 | $5.24 | $5.19 | $1.945M | 373.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 687 | $5.20 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.23 | 303 | 2 |
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| Last trade - 16.10pm 31/07/2025 (20 minute delay) ? |
| BGA (ASX) Chart |