Stories by Elinor Mills and ARN staff

  • CHS buyout in doubt after financial scandal

    There must now be some doubt about the ability of troubled global distributor CHS Electronics to carry through with its ambition to buy Australian companies CHA and Prion. Last week CHS Electronics announced 1998 earnings of $US45.7 million, half what it had anticipated, after discovering discrepancies in the incentives the distributor gave to vendors last year.