News Source: The Daily Telegraph (Australia)
| 15 days ago
FBI has led to a Victorian tomato canning company being put into receivership by ANZ Bank. The bank wants to protect $40 million owed to it by Echuca tomato processor Cedenco, whose US-based parent has been accused of racketeering, mislabelling food...
News Source: New Zealand Infotech Weekly
| 15 days ago
Formerly sharemarket-listed Cedenco has collapsed into receivership, but ANZ Bank is providing seasonal finance to keep it trading before a sale next year. One of New Zealand's biggest vegetable processors, Cedenco failed under the weight of high...
News Source: The Age
| 16 days ago
This comes after Cedenco Foods in New Zealand was placed in receivership. The company continues to trade pending a sale of the business. ANZ Banking Group NZ subsidiary, ANZ National Bank, said on Monday that it had put receivers into Cedenco Foods.
News Source: Scoop
| 16 days ago
November 2009 ANZ to fund Cedenco Foods to keep business operating Today ANZ National Bank Limited appointed receivers into food processors Cedenco Foods. ANZ National has committed seasonal funding to the receivers to allow Cedenco to continue to...