My figures were a bit off in saying it would double the size of Bega, I was looking at the figure attached to the previous Chinese takeover bid.
Am I correct in interpreting it to say that we might be paying $500 million, for what the Chinese previously offered $1.5 billion? Or am I missing something? If so that sounds like a steal.
My emphasis below:
"A Chinese dairy heavyweight was previously in the hot seat for a $1.5 billion takeover bid, but that was shut down by the federal government in August. Now, Bega Cheese is the frontrunner to snap up the company in a mooted $500 million deal, according to The Australian."
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Last
$5.28 |
Change
0.100(1.93%) |
Mkt cap ! $1.611B | |||
| Open | High | Low | Value | Volume |
| $5.15 | $5.28 | $5.15 | $1.336M | 255.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 43 | 10177 | $5.27 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.28 | 3878 | 12 |
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| Last trade - 15.50pm 30/07/2025 (20 minute delay) ? |
| BGA (ASX) Chart |