Finance Money Share Tweet James Kirby from Eureka Report explains why Warrnambool Cheese and Butter Factory Co shareholders found out that Bega isn’t always better. Warrnambool Cheese & Butter Factory has increased its campaign for shareholders to reject a $370 million takeover bid from Bega Cheese, rallying investors to ignore the offer it has labelled inadequate and inferior to a takeover proposal from Canadian dairy group Saputo. Warrnambool Cheese & Butter Factory rejects takeover bid from Bega Cheese