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

Organizational history, Life Insurance, Direct Life Insurance Carriers, Industrial Alliance Life Insurance Co., Article

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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.

China, Sales & consumption, All Other Basic Organic Chemical Manufacturing, APPAREL AND OTHER TEXTILE PRODUCTS, CHEMICALS AND ALLIED PRODUCTS, TEXTILE MILL PRODUCTS, Exports, Ethylene Glycol, Clothing industry, Textile industry, Industry sales and revenue

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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.

Forecasts, trends, outlooks, Forecasts and trends, Acquisitions and mergers, Market trend/market analysis

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