In a defensive move Goodman Fielder is accelerating the sale of...

In a defensive move Goodman Fielder is accelerating the sale of its NZ dairy business.

http://www.stuff.co.nz/business/10022383/Goodman-Fielder-accelerates-NZ-dairysale

Some quotes from this article:-

NZ dairy business "could be worth at least A$600 million"

"Based on the median EBITDA multiple paid for dairy assets over the last decade of 11.6, the NZ dairy business could be worth around A$647m. This compares with its current A$450m book value and market valuations of around A$460m"

Goodman Fielder "is believed to have been approached by about 20 potential buyers, (for its NZ dairy business) including global and Asian-based food and dairy companies such as Danone and Saputo, who are keen to expand their presence in Asia."