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Cedenco owes $49.3m – receivers

Local foundation helps teen with cancer realize NFL dream
Word travels fast in the cancer world

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Cedenco owes $49.3m – receivers
Trans-Tasman food ingredients manufacturer Cedenco owes about $46 million to the ANZ National Bank and unsecured creditors are owed another $3.4m, receivers say. Workers at Cedenco Foods have a preferential claim for $641,000 and the Inland Revenue Department is yet to confirm the amount of its preferential claim. One of the joint receivers, Brendon Gibson, of KordaMentha, said yesterday that he …

Read more on New Zealand’s National Business Review

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