Burns Philp

Burning bridges...

Burning bridges...

Australian food ingredients company Burns Philp continued to slim
down its newly acquired firm, Australian bakery giant Goodman
Fielder, with the announcement on Tuesday that another three of the
company's Australian bakeries...

Burns glowing...

Burns glowing...

Burns Philp's long-running bid for Australia's largest food company
could well be over as the board at Goodman Fielder yesterday, at
last, backed the Burns revised takeover bid and moved over to allow
a Burns Philp majority...

Goodman remains adamant

Goodman remains adamant

Goodman Fielder, Australia's largest food company, yesterday
reminded the world, on the occasion of announcing a dividend, that
it remained adamant in its decision to reject the hostile takeover
bid by Australian food ingredients...

FIRB supports Burns Philp

FIRB supports Burns Philp

It would appear that the bid from Australian ingredients and yeast
company Burns, Philp & Co for Goodman Fielder is far from over
with the company saying on Wednesday that it had received approval
from the Foreign Investment Review...

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