Business Services Industry
NatFoods rivals stuck in yoghurt.(National Foods Ltd.)(Brief Article)
Australasian Business Intelligence, March, 2005 by Hopkins, Philip
Mar 08, 2005 (The Age - ABIX via COMTEX)
Philippines-based San Miguel has raised concerns about the takeover offer for National Foods. New Zealand dairy company, Fonterra, has increased its takeover bid for the Australian dairy company to $A1.84 billion, beating San Miguel's offer of $A1.78 billion. Part of the offer is a possible joint venture with French-owned yoghurt brand, Yoplait, in Australia and New Zealand. San Miguel has applied to the Australian Takeovers Panel, claiming that there has been inadequate disclosure about the joint venture.
Publication Date: 9 March 2005
NATIONAL FOODS LIMITED - ASX NFD:
SAN MIGUEL CORPORATION:
FONTERRA CO-OPERATIVE GROUP LIMITED:
AUSTRALIA. TAKEOVERS PANEL:
SODIMA INTERNATIONAL...
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