AUSTRALIA: Metcash shares rise on A$150m contract news
Shares in Australian grocery wholesaler Metcash soared today [Friday] as news broke that it had won a A$150m (US$85.3m) contract to supply Victoria's Foodway business. Foodway, which used to be supplied by Woolworth's Australian Independent Wholesaler (AIW), merged with a major Metcash customer, and took a fresh look at all its supply contracts.
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