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Two employees of Australian-based food group Burns Philp & Co Ltd talk in the company's...

Two employees of Australian-based food group Burns Philp & Co Ltd talk in the company's Sydney headq.., 1997-0
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IMAGE number
REU7589452
Image title
Two employees of Australian-based food group Burns Philp & Co Ltd talk in the company's Sydney headq.., 1997-09-25 (photo)
Auto-translated text View Original Source
Photographer
David Gray
Medium
photograph
Date
1997 AD
Shooting Date
1997-09-25
Image description

Two employees of Australian-based food group Burns Philp & Co Ltd talk in the company's Sydney headquarters September 25. The stock market wiped more than A$550 million (US$396 million) off the value of the company on Thursday in the wake of a savage write-down of it's herbs and spices business. The plunge almost halved the value of investors' holdings overnight, among them that of the company's largest shareholder, New Zealand entrepeneur Graeme Hart.

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REUTERS/David Gray / Bridgeman Images
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