VITACO HOLDINGS LTD ASX:VIT

Vitaco Holdings

POST HOLDINGS DUMPED MUSASHI AT $40 MILLION LOSS ON VITACO HOLDINGS

Post Holdings (“Post”) dumped the Musashi brand at a loss exceeding $40 million, in a fire-sale to Vitaco Holdings (“Vitaco”) for $3.8 million on 1 July 2015, in the attempt by Nestlé and Post Holdings ("Nestlé and Post") to disconnect from Musashi to avoid liability...

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Vitaco Holdings

POST HOLDINGS DUMPED MUSASHI AT $40 MILLION LOSS ON VITACO HOLDINGS

Post Holdings (“Post”) dumped the Musashi brand at a loss exceeding $40 million, in a fire-sale to Vitaco Holdings (“Vitaco”) for $3.8 million on 1 July 2015, in the attempt by Nestlé and Post Holdings ("Nestlé and Post") to disconnect from Musashi to avoid liability...

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Rob Vitale Post Holdings CEO

OWEN NELSON, GENERAL MANAGER OF POWERBAR + MUSASHI, DISMISSED FOR MISCONDUCT

PowerBar + Musashi General Manager, Owen Nelson, was dismissed after Post Holdings (“Post”) lawyers, Baker & McKenzie, instructed barrister Graeme J McEwen in 2014 to conduct an investigation into whether Owen Nelson had engaged in serious misconduct...

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