Maple Leaf plans public sale of doughnut, bakery chains

Article Abstract:

Maple Leaf Foods Inc., a large food processor based in Toronto, Ontario, intends to consolidate its Bun Master bakery stores and Country Style doughnut outlets into one firm. Maple Leaf would then let the new company called Country Style Food Services Inc. go public. Maple Leaf is expected to appoint vice-chairman and chief executive officer Archibald McLean as the new executive chairman of Country Style Food. McLean will be foregoing his planned resignation from Maple Leaf on December 31, 1998, to pursue this new career opportunity.

Comment:

Appoints Archibald McLean as executive chairman after being Maple Leaf Foods Inc. vice-chairman and chief executive officer

Animal Slaughtering and Processing, Executive changes & profiles, Meat Products, All Other Specialty Food Stores, Parent-to-subsidiary activities, Food Stores NEC, Grocery stores, Maple Leaf Foods Inc., Article, Country Style Food Services Inc.

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Semi-Tech files for U.S. bankruptcy protection

Article Abstract:

Canadian holding firm Semi-Tech Corp announced on Sep 8, 1999 that it filed for Chapter 11 of the US bankruptcy laws and that it expects to continue its operations while a reorganization is being formulated. Semi- Tech said it filed for bankruptcy protection as a result of the filing of court protection in Germany by a unit of Singer Co NV, a firm whose shares are 49.6% owned by Semi-Tech.

Offices of Bank Holding Companies, Financial Holding Companies, Semi-Tech Corp.

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