Sunday, April 21, 2024

Goodman Fielder Receives Second Takeover Offer

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Goodman Fielder has received a second takeover offer from Wilmar International Limited and First Pacific Company Limited.
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The offer price is now A$0.70 a share, up from the previous offer at the end of April of A$0.65.

In its proposal, Wilmar and First Pacific indicate that this is as high as they will go barring new offers from other interests, stating that they "will not increase the price further in the absence of a competing proposal."

Click here to read the full proposal.

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