Business
Saputo out of Lion race, Bega in hot seat – The Australian Financial Review
ASX-listed Bega Cheese has its nose in front to acquire Lion’s up-for-sale dairy and drinks division.
ASX-listed Bega Cheese has its nose in front in the auction for Lion’s up-for-sale dairy and drinks division, after Canadian dairy company Saputo was knocked out of the race on Friday, sources said.
Three bids landed for Lion Dairy and Drinks earlier this month. Louie Douvis
Saputo’s exit just left Bega and John Wylie’s alternative asset manager Tanarra Capital to duke it out, but sources said Bega was the favourite between the pair to enter exclusivity.
It is understood Tanarra’s bid came as part…
-
Noosa News15 hours agoProtest calls for shark net removal
-
General14 hours agoThree youths in police custody after fire at Ashley Youth Detention Centre in northern Tasmania
-
Noosa News17 hours agoNew playground equipment encourages children to learn through ‘risky play’
-
General20 hours agoVigils mark Israel attack anniversary, Gaza death toll