BRIEF-PCA To Wind Down Operations Following Strategic Review, Bega Cheese Says

Reuters
Jul 09
BRIEF-PCA To Wind Down Operations Following Strategic Review, <a href="https://laohu8.com/S/BGA.AU">Bega Cheese</a> Says

July 9 (Reuters) - Bega Cheese Ltd BGA.AX:

  • PCA TO WIND DOWN OPERATIONS FOLLOWING STRATEGIC REVIEW-BGA.AX

  • MADE DECISION TO WIND DOWN AND CLOSE ITS PEANUT PROCESSING BUSINESS

  • ONE OFF CASH SHUTDOWN COSTS ARE EXPECTED TO BE A$5-10 MILLION AND LIMITED IMPAIRMENTS ARE ANTICIPATED

Further company coverage: BGA.AX

((Reuters.Briefs@thomsonreuters.com))

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