CANADA: George Weston offers options for ten million shares
Major food processor George Weston Ltd has revealed its intention to appoint underwriters, led by RBC Capital Markets, to sell eight million 5.80% series I preferred shares at the price of US$25 each.
Options to purchase a further two million shares will be available to 30 November.
If all the options are exercised in full, the company revealed that maximum gross proceeds will reach US$250m. these funds will be used for general corporate purposes and to refinance other debt.
Companies: George Weston Limited
Good results at the company's bakery division have helped Canadian food group George Weston swing back into profit in its fourth quarter....
The Australian Competition and Consumer Commission will not oppose George Weston Food's acquisition of Cripps Nubake Pty Ltd, which operates a plant bread baking business in Tasmania, and Tasmanian Fl...
Food company George Weston has announced rises in sales and net earnings for the third quarter of 2005, despite distribution problems at its Loblaw subsidiary....
Associated British Foods has said earnings for the year to 17 September were 14% ahead of the previous year and it has invested over £1.5bn (US$2.6bn) for future growth....
Canadian food company George Weston has announced the appointment of John Cowles to the position of president of George Weston Bakeries....
George Weston Bakeries, part of Canada's George Weston Liminted, has announced the introduction of its new line of X-treme Breads....
Food processor and distributor George Weston George Weston Limited has announced the closing of the previously announced transaction for the sale of its west coast aquaculture operations to EWOS Canad...
Canadian food processor and distributor George Weston has announced rises in sales and net earnings for the second quarter ended 18 June 2005, although sales growth at Weston Foods was cut by the impa...
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