Mutual insurer to go public
Article Abstract:
Industrial-Alliance Life Insurance Co. has confirmed it intends to file for board approval to demutualize, a move that will convert itself into a publicly traded stock company controlled by investors from a mutual company controlled by voting policy holders. Industrial Alliance also express hopes to start trading as a public company by end of 1998, given that the board will approve of the plan and other things go as scheduled. Industrial-Alliance Life also announced it reached an agreement to acquire Seaboard Life Insurance Co.'s Canadian business.
Comment:
Confirms plans to file for board approval to demutualize, a move that will convert it into a publicly traded stock company
Publication Name: Globe & Mail (Toronto, Canada)
Subject: News, opinion and commentary
ISSN: 0319-0714
Year: 1998
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Polyester trade takes sting out of textile job losses
Article Abstract:
The details on the rise in exports of raw material ethylene glycol to China, despite decline in Canadian textile and clothing production, are examined.
Publication Name: Globe & Mail (Toronto, Canada)
Subject: News, opinion and commentary
ISSN: 0319-0714
Year: 2005
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M&A poses biggest quarter since tech boom
Article Abstract:
An overview on third quarter 2005 mergers and acquisitions worth $49.9 billion, in Canada, is presented.
Publication Name: Globe & Mail (Toronto, Canada)
Subject: News, opinion and commentary
ISSN: 0319-0714
Year: 2005
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