Wilmar says bought 10% stake in Goodman for $156m

Wilmar International, the world's largest listed palm oil plantation firm, said it has acquired a 10.1% interest in Australasian food company Goodman Fielder, for around A$115 million ($156 million), reported Reuters.

The firm said in a statement the acquisition will make Wilmar the biggest shareholder in Goodman Fielder and it is currently assessing whether to increase its shareholding in the company.