metcash iba, page-2

Hey Finch - Metcash comments in todays SMH. I think you could be on to something.

The company is also looking at other opportunities to expand, perhaps even into areas beyond supplying supermarkets, bottle shops and convenience stores.

But chief executive Andrew Reitzer was coy about what sort of purchases he was considering.

"There are very good businesses which are in serious trouble," Mr Reitzer said yesterday at a briefing to announce the company's half-year profit.

"There are a number of projects we have on the go … and it's not the time to do the kill yet."