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Wattle Hill, Roc Partners boost Capilano offer, slam 'competing interests'

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Capilano Honey's suitors have sweetened their offer despite the company's sales taking a hit from an attack casting doubt on the integrity of some of its products.

Albert Tse's Wattle Hill and Roc Partners Investment Fund increased their offer from $20.06 a share to $21 a share on Friday as billionaire Kerry Stokes, who holds 23.12 per cent of the stock, reaffirmed his support for the $198 million takeover bid.

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Brad Thompson writes across business and politics from Western Australia for The Australian Financial Review. Brad is based in our Perth bureau. Connect with Brad on Twitter. Email Brad at brad.thompson@afr.com

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    Original URL: https://www.afr.com/companies/agriculture/wattle-hill-roc-partners-boost-capilano-offer-slam-competing-interests-20181102-h17fek