Maple Leaf Foods to spin off pork business into new public company

  • 📰 CTVNews
  • ⏱ Reading Time:
  • 55 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 25%
  • Publisher: 99%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

Maple Leaf Foods Inc. says it plans to spin off its pork business into a new publicly traded company.

Under the plan, existing Maple Leaf shareholders will receive shares in the new company, while Maple Leaf will keep a 19.9 per cent ownership position.Maple Leaf says the new pork company will continue to provide Maple Leaf Foods with a secure supply of pork at market prices for its prepared foods business.

Social media saw a flood of messages for Andrea Robin Skinner, daughter of late Canadian author Alice Munro, after an eye-opening personal essay about her sexual abuse by her stepfather published this weekend. This Pokemon card collector has some of the coolest finds in the game. He gives them away to kids for free

An air quality advisory is in effect for parts of Metro Vancouver and the Fraser valley, as a heat wave blanketing the region produces elevated levels of smog.A baby has serious injuries after being struck by the driver of a vehicle in south Etobicoke on Monday night, say paramedics.

An injunction blocking the Canadian Revenue Agency from garnishing Saskatchewan's bank account has been successful, according to the province.A lengthy 93 long years after it first hit the track, CPKC's 2816 locomotive known "The Empress" has embarked on its "Final Spike Tour."Environment and Climate Change Canada , along with Health Canada, are issuing warnings ahead of extreme heat coming to Sask. later this week.Guelph, Ont.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in İE
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Maple Leaf Foods plans to split into two independent public companiesMaple Leaf Foods will retain a 19.9% ownership position in the newly formed Pork Company, and the two companies will enter into an evergreen pork supply...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Maple Leaf Foods to spin off pork business into new public companyMISSISSAUGA, Ont. — Maple Leaf Foods Inc. says it plans to spin off its pork business into a new publicly traded company.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

U.S. bans on gasoline-powered leaf blowers grow, as does blowback from landscaping industryTRENTON, N.J. (AP) — The roar of the leaf blower has become an inescapable part of daily life in communities across America, leading towns and states to ban ...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »