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Australia body not against joint bid for Goodman

Wilmar and Goodman would continue to be 'competitively constrained'

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Australia's biggest food maker: Singapore-listed Wilmar and Hong Kong-listed First Pacific made a joint takeover bid for Goodman Fielder at A$0.675 a share. - PHOTO: BLOOMBERG

WILMAR International said on Thursday that the Australian Competition and Consumer Commission (ACCC) would not oppose its joint acquisition with Hong Kong's First Pacific of Goodman Fielder, Australia's biggest food maker. Prized for top-selling Australian products like Meadow Lea margarines,