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Wilmar, First Pacific confirm raising bid for Australia's Goodman Fielder
date:May 16, 2014
leading Asia-Pacific agriculture and consumer staples company, and which could capitalise on Wilmar's strong distribution channels in China.

Wilmar already owns a 10.1 percent stake in Goodman Fielder, and is the company's third-largest shareholder.

First Pacific had entered into conditional agreements with Goodman Fielder's two largest Shareholders, Perpetual Investment Management Ltd and Ellerston Capital Ltd, to acquire 4.8 percent of Goodman Fielder shares, at A$0.70.

The conditional agre

12/22 07:43