Cash-rich Air Canada contemplates options

Article Abstract:

Air CanadaEs parent company ACE Aviation Holdings Inc. affluent of cash, is thinking over its special distribution of shares worth of up to $300 million to the share holders, while the labor unions are pressing the company for a pay raise.

Financial management, Air Transportation, Scheduled, And Air Courier Services, Finance, Airlines, Company financing

---

Methanex rises on share sale

Article Abstract:

Methanex Corp. saw its share value increase after Nova Chemicals decided to sell off its 37.2% share in the company. Methanex's share value rose 24 cents to 14.05 Canadian dollar as a result of Nova's announcement.

Chemical industry

---

Nova selling its 37.2% Methanex holding

Article Abstract:

Nova Chemicals Corp. will divest its minority share in Methanex Corp. in a two-stage secondary offering. Nova owns 37.2% of Methanex.

Similar abstracts:

• Abstracts: GM comsolidates operations. Chrysler execs cash in on merger. High-status two-seaters to strut stuff
• Abstracts: The third option. Where the jobs are. Decision time
• Abstracts: Serial contempt. Johnny on the hotspot. When push comes to shove
• Abstracts: Air Canada to ask for judicial poison pill. Air Canada to sell miles to retailers, insurance companies. WHO warning unhealthy for Air Canada
• Abstracts: Air Canada officials sold stock. Air Canada sees more woes

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.