Ottawa clearing way for petrocan sale: sources say $2.8 billion divestment expected by end of June at the latest

Article Abstract:

The federal government can be ready to sell its $2.8 billion in Petro-Canada stock within four to six weeks and is expected to move by the end of June 2004. Finance Minister Ralph Goodale stated that the timing of sale would depend on how quickly the federal government can put together an airtight process that follows all the rules and doesnot upset markets.

Crude Petroleum and Natural Gas Extraction, Crude petroleum and natural gas, Crude Petroleum & Natural Gas, Petroleum refining, Petroleum industry, Petro-Canada Inc., Ottawa, Ontario

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TD plans aggressive thrust into US market: Banknorth just the beginning: analysts

Article Abstract:

Toronto-Dominion (TD) bank would double the size of its newly acquired US branch network to $60-billion in assets in the coming years. Maine based Banknorth Group Inc., TD and its new US partner are expected to move quickly on takeovers, as the northeastern US financial services market consolidates around its largest players.

Commercial Banks, Alliances, partnerships, Banking industry, Toronto Dominion Bank, Alliances and partnerships, Banknorth Group Inc. (Burlington, Vermont), BKNG

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Wendy's speeds up Tims spinout

Article Abstract:

The reasons behind the decision of Wendy's International Inc. to bid Tim Hortons are presented.

Strategy & planning, Eating places, Restaurants & Food Service, Food Services and Drinking Places, Fast Food Restaurants, Limited-Service Restaurants, Service industry machinery, not elsewhere classified, Planning, Restaurant industry, Wendy's International Inc., WEN, Company business planning, Tim Hortons

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