Royal Group faces SEC accounting probe

Article Abstract:

Royal Group Technologies Ltd., a plastics company, is continuing with its divestment plans. The company is now facing investigation by United States Securities and Exchange Commission regarding its accounting practice and disclosures. New York based Cerberus Capital Management LP is considering acquisition of Royal Group.

Legal issues & crime, Miscellaneous Plastics Products, NEC, Rubber & Plastic Products, Plastics and Rubber Products Manufacturing, Plastics materials and resins, RUBBER AND MISC. PLASTICS PRODUCTS, Capital funds & cash flow, Company legal issue, Plastics industry, Investigations, Accounting and auditing, United States. Securities and Exchange Commission, Disclosure statements (Accounting)

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De Zen Cuts deal, gives up control of Royal Group

Article Abstract:

Ontario based buildings products company, Royal Group Technologies Ltd's founder Vic De Zen is giving up control of the company due to allegations over spinning money through inappropriate transactions. The company is also planning to go for a major reorganization also plans to have a new chief executive officer.

Executive changes & profiles, Officials and employees, Appointments, resignations and dismissals, Zen, Vic De

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Royal Group attracts $1.2-billion bid

Article Abstract:

Details of agreement between Royal Group Technologies Ltd. and Georgia Gulf Corp. for acquisition of Royal Group for $1.2 billion, are presented.

United States, CHEMICALS AND ALLIED PRODUCTS, Chemical industry, Georgia Gulf Corp., GGC, Pesticides industry, Herbicides, Sulphur industry

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