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NETHERLANDS: Wessanen postpones American Beverage Corp sale.

Publication: just-drinks.com
Publication Date: 29-JUL-09
Format: Online
Delivery: Immediate Online Access

Article Excerpt
Byline: just-drinks.com editorial team

Dutch food group Wessanen has put plans to divest its US beverage unit on hold after reporting significant operating losses in the second quarter of 2009.

Last month, the company uncovered financial irregularities within its American Beverage Corp (ABC) business, which showed the unit's results...

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