ACCC approves Saputo Koroit sale to Bega Cheese | Finance News Network

ACCC approves Saputo Koroit sale to Bega Cheese

Company News

by Rachael Jones

Bega Cheese (ASX:BGA) will be moving forward with the purchase of Saputo Dairy Australia’s Koroit diary processing facility after the ACCC has approved the purchase.

The Koroit dairy processing facility is in Western Victoria.

Bega Cheese now plan to work with Saputo to achieve a swift completion on the sale.

Shares in Bega Cheese (ASX:BGA) is trading 0.27 per cent higher to $7.45
 

Rachael Jones

Finance News Network
Rachael comes to FNN after working for Fairfax Media covering international breaking news, including the global economy and politics. She joined FNN in February 2018. She has reported on Australia’s finance news for various organisations since 2000 and has also interviewed a number of key business players, including Bill Gates. Rachael has also worked across a number of countries, including the UK and the US.