Ault Foods Limited Announces Its Financial Results for the Third Quarter of F'97, Ended January 25, 1997.
Business Wire › March 05, 1997
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Ault Foods Limited Announces Its Financial Results for the Third Quarter of F'97, Ended January 25, 1997.
ETOBICOKE, ONTARIO--(BUSINESS WIRE)--March 5, 1997--AULT FOODS LIMITED (TSE, ME AUL.) Ault Foods Limited today announced its financial results covering the third quarter of our 1997 fiscal year, which ended January 25, 1997.
DIVESTITURE OF THE FROZEN PRODUCTS DIVISION In our second quarter report to shareholders, the Company announced plans to sell its Frozen Products Division to Nestle Canada, for proceeds of $ 221 million. This transaction closed January 2, 1997, resulting in Nestle Canada acquiring Ault's ice cream and frozen novelty plant in London, Ontario, several wareho...See the full content of this document
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