Fonterra, Bega resolve brand dispute, lifting Mainland sale price to $4.22b

Fonterra, Bega resolve brand dispute, lifting Mainland sale price to $4.22b
Bega Cheese is listed on the ASX. (Image: Getty)
Riley Kennedy
The dispute between Fonterra Co-operative Group and Bega Cheese has been resolved, lifting the Mainland Group sale price to $4.22 billion.The co-op has had a long-term licence to the Bega brand for cheese and butter in Australia since the early 2000s, but it has been subject to a dispute throughout much of the divestment process.Fonterra went to court in Australia in an attempt to get it to rule that the divestment wouldn’t impact the agreement between the co-op and Bega.But the Supreme Court of New South Wales wouldn’t rule ei...

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