Tesco’s overstatement of profits was ‘acceptable’
Tesco’s overstatement of its half-year profits by £250M was an “acceptable” way to deal with the pressure of losing market share to other retailers, according to an accounting expert.
Tesco’s overstatement of its half-year profits by £250M was an “acceptable” way to deal with the pressure of losing market share to other retailers, according to an accounting expert.
US grain giant Archer Daniels Midland (ADM) has acquired the Swiss-based food ingredients firm Wild Flavors for €2bn (£1.5bn).