Australia's Goodman Fielder snubs $1.2bn takeover offer

Australian food company Goodman Fielder has turned down a $1.2bn (£700m) joint takeover offer, from Singapore's Wilmar and Hong Kong's First Pacific. The Asian firms have offered 65 Australian cents a share, compared with Friday's closing price of 55 cents. via Pocket http://ift.tt/1mPS2Ex