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Wilmar, First Pacific confirm raising bid for Australia's Goodman Fielder
date:May 16, 2014
Wilmar International and First Pacific Co have sweetened a deal to take over Goodman Fielder Ltd, after the Australian food firm rejected the initial bid as too low last month.

Wilmar and First Pacific raised their bid from A$0.65 to A$0.70 per share, lifting the size of the deal from A$1.3 billion ($1.22 billion) to A$1.37 billion, a Wilmar statement said, confirming an earlier media report.

The Company (Wilmar) and First Pacific will not increase the price further in the absence of a competi

12/22 02:44