ACCC opposes Goodman Fielder takeover deal

By David Olsen · 31 March 2010 · Locked

ACCC Blocks Key Takeover

The ACCC has made a surprise move against Cargill Australia's bid for Goodman Fielder's edible fats and oils business. But what does this mean for the future of Australian food production?

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Summary

The Australian Competition and Consumer Commission (ACCC) today announced that it intends to oppose the proposed acquisition of Goodman Fielder’s edible fats and oils business by Cargill Australia.

Tags: Accc, Cargill Australia, Competition, Goodman Fielder