A foreign bid of A$117.3 million for up to 10% of Goodman Fielder at 60 cents a share could be the first step towards a takeover offer worth $1 billion or more, according to media reports.

Goodman Fielder has reported a 77% slump in the company's first-half profit.

Goodman Fielder has begun the integration of three of its retail-focused businesses in New Zealand.

Goodman Fielder aims to raise $A259 million. | Good progress on NZ restructuring plans.

Heinz and Goodman Fielder have gone on the offensive against the two major Australian supermarket chains, blaming them for eroding profit performance.

Goodman Fielder reveals a $210 million loss  as it struggles with the bakery business across the Tasman.