Metcash To Lower 478 Jobs

Monica Gerson , Benzinga Staff Writer

April 03, 2012 4:03am Comments

Australia's Metcash Ltd (OTC: MHTLY) announced its plans to lower 478 jobs and incur one-off charges.

Metcash will incur a one-off restructuring charge of 34 million Australian dollars (US$35.4 million)-A$43 million.

Metcash shares closed at $26.93 yesterday.

Posted-In: job cut News

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