Bidders give Goodman until tonight to accept

Perpetual and Ellerston Capital have agreed to sell the equivalent of 9.8 per cent of Goodman Fielder’s shares to bidders First Pacific and Wilmar at the revised 70 cents a share offer if the board agrees to the takeover.

Wilmar International and First Pacific have given Goodman Fielder's board until 8 p.m. AEST tonight to agree to their new $1.4 billion takeover offer of 70 cents a share, up from last month’s 65 cents a share offer.

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