date:Aug 29, 2012
loss of AU$166.7m was reported, in which the company had indentified AU$25m in savings that were to be realized in 2013, and the rest over 2014and 2015.
This is the second time the company put Integro, the commercial vegetables oils business under the microscope. The business, which supplies oils to commercial kitchens and manufacturers, was set to be sold to Cargill for NZ$240m in 2010.
However, the Australian Consumer and Competition Commission (ACCC) blocked the sale then, stating that the