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Wilmar, First Pacific confirm raising bid for Australia's Goodman Fielder
date:May 16, 2014
tations of a higher or rival bid.

Goodman sought a trading halt until May 19 while it considered the potential change of control transaction.

Australian and New Zealand food assets such as Goodman Fielder have become increasingly attractive to offshore investors, as the countries position themselves to provide for Asia's rapidly growing middle-class.

A deal would bring the maker of Country Life bread and Meadow Lea margarine under the wing of a palm oil and sugar giant that wants to create a

12/22 05:55