GFF goodman fielder limited.
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  1. FNN News
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    16/05/14
    11:14
    Post #: 13373731
    .


    Goodman Fielder Limited (ASX:GFF) has received an increased offer price of $0.70 per share from Wilmar International and First Pacific. 


     


    The food manufacturer and distributor had previously rejected a bid of $0.65 per share and the latest offer values the company at $1.73 billion.


     


    The company has until 8pm this evening to consider the offer which also allows the company to pay a dividend of $0.01 for the end of the 2014 financial year.  


     


    Goodman Fielder reported a net loss of $61 million in the first half of the 2014 financial year.

    GFF Price at posting: 67.2¢ Sentiment: None Disclosure: Held
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