Singapore-based Wilmar International and Hong Kong-listed investment firm First Pacific Co have sweetened their takeover bid for Australasian food ingredients maker Goodman Fielder by A$100 million, but won’t go any higher without a rival offer. Wilmar, the world’s biggest palm oil processor, and First Pacific are offering to pay 70 Australian cents a share, or A$1.37 billion, for full control …

Meridian Energy, the country’s largest listed power company, sold its Californian solar plant for an undisclosed sum, wrapping up its exit from the US energy market. The Wellington-based company sold its CalRENEW-1 plant to California-based SunEdison, it said in a statement. The plant was the biggest asset of Meridian’s US subsidiary, which owed the parent $27 million in related party …

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