Comac to open more Domino's pizza outlets

Article Abstract:

Comac Food Group Inc. of Calgary, Canada, and Toronto, Canada-based Dominvest Corp. have forged a conditional development contract to open as many as 100 Domino's Pizza stores in Atlantic Canada and in Ontario, Quebec, within the next three years. The Comac Food-Dominvest contract will be completed in August 1998. According to Comac Food, which paid C$4.15 million in 1997 to acquire Domino's Pizza of Canada Ltd., supervises 210 franchised Domino's Pizza stores Canada-wide. Dominvest has been established solely to put up develop Domino's Pizza franchises in Eastern Canada.

Comment:

Signs a deal w/ Comac Food Group Inc of Calgary to open as many as 100 Domino's Pizza stores in Atlantic Canada and in Ontario

Limited-Service Restaurants, Strategic alliances, Fast Food Pizza Restaurants, Fast food restaurants, Pizza restaurants, Article, Comac Food Group Inc., Dominvest Corp.

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Scotiabank raises stake in Chilean bank

Article Abstract:

Bank of Nova Scotia has signed a letter of intent to acquire from Borda- Garcia Group its 32.6% stake in Banco Sud Americano SA for $115.7 million. If successful, Scotiabank's stake in the Chilean bank will increase to 60.6% The agreement, which gives Scotiabank the option to pay for the stake in cash or shares, is awaiting approval from Chilean and Canadian regulatory agencies.

Commercial Banking, Asset sales & divestitures, Acquisitions & mergers, Chile, Commercial Banks, Borda-Garcia Group

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Canadians back close economic links with U.S

Article Abstract:

Angus Reid Group has released the results of a new survey on the Canadian public's view of trade with the United States. The survey found that 71% of Canadians support closer economic ties between the U.S. and Canada.

Administration of General Economic Programs, International economic relations, Trade Relations, Surveys, Trade policy, Angus Reid Group

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