date:May 04, 2014
75 cents for each Goodman Fielder share, Macquarie Group Ltd. said in an April 28 report.
Comparable Deals
A bid of 75 cents a share would be consistent with similar takeovers, said CIMB Group Holdings Bhd. Including net debt, that price would value Goodman Fielder at 8 times projected earnings before interest, taxes, depreciation and amortization, the bank said. Morningstar said Wilmar and First Pacific shouldnt pay more than 70 cents a share.
Among 30 takeovers of food companies in Asia gr