date:May 16, 2014
ng proposal, Wilmar said in the statement, adding that the two companies has given the board of Goodman Fielder until 8 p.m. on May 16, Melbourne time, to support the revised bid.
The higher price represents a premium of about 33 percent over Goldman Fielder's closing price of A$0.525 per share on April 23, the statement said. Goodman Fielder shares closed at A$0.672 on Thursday.
Last month, Goodman rejected the $1.2 billion takeover bid from Wilmar and First Pacific as too low, fuelling expec