Goran Capital officially for sale

Article Abstract:

Goran Capital Inc, the financially-troubled insurer based in Toronto, Canada, has been put officially for sale. The company revealed that it has conducted preliminary talks with different possible buyers for its crop insurance business as well as its high-risk or 'non-standard' auto insurance operation. The company has also received inqueries from parties interested in buying the whole company. Meanwhile, New York, NY-based investment dealer Donaldson Lufkin and Jenrette Inc has been hired by Goran to provide advise on the best approach to optimize shareholder value.

Canada, Asset sales & divestitures, Contracts & orders received, Direct Property and Casualty Insurance Carriers, Auto Insurance, Goran Capital Inc.

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Telus, TD united in huge financing deal

Article Abstract:

Burnaby, BC-based Telus Corp. has announced that Toronto-Dominion Bank will underwrite its senior unsecured credit facilities in a deal valued at $4.5 billion. Telus, which is seeking acquisitions to compete against rival Bell Canada, is the country's second-largest telecommunications provider.

Commercial Banks, Commercial Banking, New orders received, Financial Holding Companies, Offices of Bank Holding Companies, Holding Offices, Banking industry, Financial services industry, Finance, Financial services, Contracts, Toronto Dominion Bank, AGT, TELUS Corp.

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