#White rivers of gold

IT’S a plot with all the makings of a thriller. A sleepy 125-year-old dairy factory in southwestern Victoria, with languishing profits and a share register 40 per cent held by about 1500 local families, retired farmers and milk producers, suddenly becomes the flavour of the month.

NZ's #Fonterra wades into Warrnambool battle, seeks #Bega stake

New Zealand dairy giant Fonterra Co-operative Group is building up a 10 percent stake in Bega Cheese Ltd, two people close to the transactions told Reuters, a move seen linked to an international battle for Warrnambool Cheese and Butter Factory Company Holdings Ltd (WCB).