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Saputo has again increased its holding in takeover target Warrnambool Cheese & Butter Factory Co (ASX:WCB).
The Canadian dairy giant says it’s lifted its voting power to 9.6 per cent - up from 4.8 per cent.
Saputo this week said it would increase its offer price to $9.20 cash per WCB share, from $9 per share, if it reached a relevant interest of more than 50 per cent during the offer period.
Rival suitors Murray Goulburn Co-operative and Bega Cheese Limited (ASX:BGA) have asked the Takeovers Panel to stop Saputo from acquiring WCB shares on market.
Warrnambool Cheese & Butter Factory reported a net profit of $7.5 million in the 2013 financial year.
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Last
$5.20 |
Change
0.020(0.39%) |
Mkt cap ! $1.585B | |||
| Open | High | Low | Value | Volume |
| $5.15 | $5.21 | $5.15 | $366.8K | 70.75K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 28 | 4429 | $5.19 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.20 | 1495 | 11 |
View Market Depth
| Last trade - 11.49am 30/07/2025 (20 minute delay) ? |
| BGA (ASX) Chart |