Wilmar, First Pacific raise acquisition offer for Goodman Fielder to $1.3bn
date:May 19, 2014
the Wilmar issued a statement saying the company and First Pacific would not raise the price further, according to Bloomberg.

In a regulatory statement, Goodman Fielder said: The board of Goodman Fielder will consider its response to this revised proposal and will advise the market accordingly.

The current developments seem to recreate the Wilmar's 2012 proposal for Goodman while making its initial investment in the company that eventually fell apart due to failure in settling on an agreeable
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