Goodman Fielder scotches media reports of approach from Wilmar

Thu, 16 Aug 2012

By Hannah Lynch Aug. 16 (BusinessDesk) - Goodman Fielder, the food ingredients manufacturer whose brands include Edmonds baking products and Vogel’s bread, has scotched media reports it has received an offer from the world's largest palm oil processor, Wilmar International. Earlier this week Singapore-based Wilmar, which has a 10 percent stake in Goodman, said it was open to selling its stake in the Sydney-based company. The food ingredients manufacture previously rejected an offer by Wilmar to increase its stake in the company as too low....

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