All of the planned terminations were completed during the second quarter of 2000. During the third quarter of 2000, the Company completed the sale of the Eatontown facility. This was primarily related to payments for severance as a result of the closure of the duplicate facilities and pension contributions. This was in respect of employee termination costs and property related expenses. This was primarily in respect of excise taxes.
Management is satisfied that the restructure programme is progressing as planned.
There have been no material changes in the Company's market risk exposure since December 31, 1999. All Rights Reserved. Privacy Policy - Terms of Service See our Important Disclaimers and Legal Information .