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Goodman Fielder directors recommend $1.3 billion First Pacific and Wilmar joint takeover
date:Jul 03, 2014
as, Vogels (under license), Meadow Fresh and Irvines.

The takeover offer for Goodman Fielder comes not long after the Company announced it expected its earnings in the 2014 financial year to be 10 to 15 per cent lower than previously expected. Australian Food News reported in April 2014 that Goodman Fielder had said the lower earnings expectations were a result of difficult market conditions. Industry commentators have suggested Goodman Fielders losses could have been the result of poor strateg

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