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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
$5.19 |
Change
-0.030(0.57%) |
Mkt cap ! $1.581B | |||
| Open | High | Low | Value | Volume |
| $5.28 | $5.28 | $5.18 | $1.967M | 378.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 2014 | $5.18 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.21 | 3102 | 3 |
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| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| BGA (ASX) Chart |
