yep, I was thinking the same thing earlier today.
As it is, the market sees WCB around 2-3% off of the MG's $9.50 offer.
Not much extra profit to be made in this one.
China has been busy lately though...
Bright Food Group Co Ltd, China's second-largest food producer, acquired a midsized Australian dairy company following the purchase of Manassen Foods.
Could be some more consolidating within the Australian dairy market. A few may be still eyed as a takeover target.
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