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Article: Merger yet to show its upsides.
- Article from:
- Australasian Business Intelligence
- Article date:
- August 26, 2009
CopyrightCOPYRIGHT 2009 News provided by Comtex. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Duncan Hughes
Aug 26, 2009 (The Australian Financial Review - ABIX via COMTEX) -- IOOF Holdings has announced a 32% fall in profit for 2008-09 to $A15.8 million. MD Chris Kelaher says the result shows the business structure of the company is sound. Kelaher has responded to the global economic pressures by selling assets and rationalising business operations.
Publication Date: 27 August ...