Labatt agrees to Interbrew takeover by Belgium’s top brewery
Labatt Ltd reaches a deal to sell all shares to Interbrew S A Belgium’s leading brewery for 28 50 per share about 2 7 billion with debt and external funding lifting the deal to about 4 billion Regulators must approve and two thirds of Labatt’s 93.6 million shares must vote yes. Melbourne?
MENTIONED IN THIS ARTICLE
Toronto
John Labatt Ltd
Onex Corp
Labatt
Interbrew S.A
Belgium
Europe
Interbrew
Labat
Onex
Pension and
Mutual Funds
Labatt Management
Samuel Pollock
Labatt Interbrew deal eyed as third largest brewing group
Canadian Labatt Ltd faces a 28.50 per share bid from Belgium's Interbrew S A valuing Labatt near 2.7 billion in stock, 4 billion with debt. Onex offers 24 a share about 2.3 billion. Board recommends acceptance while regulatory hurdles loom and big investors eye short term gains.
MENTIONED IN THIS ARTICLE
John Labatt Ltd
Interbrew S.A
Interbrew
Labatt
Belgium
Europe
Canada
Onex Corp
Samuel Pollock
Onex
Pollock
Femsa Cerveza
United States
Brewing and Entertainment Company
Pension and
Mutual Funds
Pension Plan
Liberal MP to oppose budget amid social program cuts
Veteran MP Warren Allmand plans to vote against the budget bill citing Liberal betrayals of campaign promises to protect social programs. He warned cuts totaling seven billion in federal transfers to provinces could widen inequality and risk recession, proposing amendments to delete the cuts.
MENTIONED IN THIS ARTICLE
Joan Bryden
Southam News
Ottawa
Liberals
Warren Allmand
Liberal Party
Allmand
Commons
Commons Justice Committee
Montreal
The
Allmand vows to vote against budget bill in Commons
Veteran Liberal MP Warren Allmand says he will vote against the bill implementing the federal budget measures. He warns he could be stripped as chair of the Commons justice committee, a move he pledges to resist. The final vote on the bill is held today.
MENTIONED IN THIS ARTICLE
Warren Allmand
Allmand
The
Commons Justice Committee
Don Boudrin
Commons
Boudria
Trudeau
Gun law returns to House for vote in Ottawa
Federal gun legislation goes back to the Commons after a line by line committee review that produced more than 80 amendments. Government allies push passage before summer recess while opponents expect few substantive changes to gun registry and penalties.
MENTIONED IN THIS ARTICLE
Ottawa
Commons
Commons Justice Committee
Liberal Committee
Russ MacLellan
Reform
Bloc Quebecois
Reform Committee
Jack Ramsay
Prairie Provinces
Conspiracy theories swirl near secret Area 51 base in Nevada
In Rachel Nevada residents and visitors chase UFO lore around the Area 51 complex, with the Dreamland site and Freedom Ridge becoming focal points. Local business owners at the Little A'Le'Inn describe strange lights while officials acknowledge a classified military activity nearby.
MENTIONED IN THIS ARTICLE
Joe
Pat Buffs
Rachel
Nev
Chuck Clark
Clark
Dreamland
Area 51
Rocky Groom Mountain Range
Maj
Mary Fertault
Air Force
U.S
Department
Freedom Ridge
Pat Travis
Green Bank telescope to map universe with record sensitivity
The Green Bank Telescope at NR A O in West Virginia is under construction and aims to be the world's most sensitive radio ear. With a 100 metre diameter bowl and fully steerable design, it will observe 85 percent of the sky and surpass older dishes in speed and frequency range.
MENTIONED IN THIS ARTICLE
Green Bank
W.va
National Radio Astronomy Observatory
Earth
Jay Lockman
Martha Haynes
Cornell University
Lockman
Milky Way
Puerto Rico
Reeve stabilizes after delicate spinal surgery
Christopher Reeve remains in serious but stable condition after a six hour operation to fuse two upper vertebrae and attach the first vertebra to the skull base. Surgeons used titanium wires and hip bone grafts hoping to restore some mobility as swelling subsides.
MENTIONED IN THIS ARTICLE
Charlottesville
Christopher Reeve
Reeve
The
Perman Films
Culpeper
Jane
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Deal Brewing
Canadian Press
Pierre) Trudeau
Lester B.) Pearson
Scott
MHIN
Scott’s
Aneluee
Yu pnOne
Tumber
von Mills Reap
Don Mitts
Roy Neighbors
Travis
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