Wilmar, First Pacific confirm raising bid for Australia's Goodman Fielder
date:May 16, 2014
odman described the initial bid as opportunistic and sought to fend off the approach by pressing ahead with earlier plans to sell its New Zealand dairy business.

Dairy is a highly valued business for (Goodman Fielder) given the unique platform it provides to access the strong demand growth in Asia for high quality, branded dairy products, Goodman's bankers Credit Suisse said in an offer document obtained by Reuters.

While (Goodman Fielder) is willing to continue pursuing this opportunity alone
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