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Bega to shell out $12m for peanut grower

Bega Cheese wants to buy Peanut Company of Australia to secure the supply of peanuts for the manufacture of Bega’s peanut butter. Bega Cheese is offering nearly $12 million to take over Queensland peanut grower Peanut Company of Australia (PCA) to give the dairy processor new supplies of Australian-grown peanuts for its own peanut butter […]