AB Foods takes $147m writedown on Vivergo Fuels venture
February 03, 2015 at 02:34 AM EST
LONDON, Feb 3 (Reuters) - Associated British Foods said it would write down the value of its investment in Vivergo Fuels Ltd by 98 million pounds ($147 million) due to falling crude oil and bioethanol prices and the further weakening of the euro against sterling.
