WCB

WCB and Murray Goulburn Merging Halts

Murray-GoulburnMyrray Goulburn's chase of Warrnambool Cheese and Butter has ended for now.

The Chairman, Grant Davies said yesterday that its submission to the Australian Competition and Consumer Commission had been withdrawn.

WCB Rejects Takeover Offer from Mystery Bidder

WCB

As has been confirmed by the company, after it was forced to explain to the ASX as to why its share price suddenly surged from $1.96 on December 1 to more than $2.23 by today, Warrnambool Cheese and Butter has rejected an "solicited take-over offer" from a mystery bidder which led to a jump of 70 cents in share prices within a week.

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