Goodman Fielder recommends reduced takeover offer
date:Jul 02, 2014
n attractive value outcome for shareholders, chairman Steve Gregg said in a statement.

Goodman Fielder said it would also pay a final dividend of one Australian cent a share.

In May, the bidders, who already own 10 percent of Goodman Fielder, had raised their offer to A$0.70 a share after an initial bid of A$0.65 was rejected.

The deal will see the maker of Country Life bread and Meadow Lea margarine brought under the wing of Singapore-based Wilmar, a sugar refiner and the world's largest pal
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05/02 04:53