date:May 04, 2014
oner, chief market analyst at CMC Markets in Sydney, said by phone. If a buyer can be found who is able to create synergies and get extra value, that looks like a pretty good alternative.
Sydney-based Goodman Fielder competes with in-store brands at Australias largest supermarkets, Coles and Woolworths Ltd. (WOW), with products such as White Wings flour.
The takeover proposal came after shares of the 105-year-old company plunged 22% on April 2, when it said competition was hurting the grocery