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."
My figures were a bit off in saying it would double the size of...
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$5.25 |
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Mkt cap ! $1.599B | |||
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|---|---|---|
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| Last trade - 13.31pm 30/07/2025 (20 minute delay) ? |
| BGA (ASX) Chart |