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<title>Tobacco Articles: org imasco</title>
<link>http://www.tobacco.org/newsfeed/org/imasco.rss</link>
<description>Latest top tobacco news headlines</description>
<language>en-us</language>
<item>
<title>Moody's ups Imasco short-term rating: (The following statement was released by the rating agency)</title>
<link>http://biz.yahoo.com/rf/000203/g1.html</link>
<guid>http://tobacco.org/news/36372.html</guid>
<description>Moody's
Investors
Service
today
upgraded
the
rating
on
Imasco's
US$
commercial
paper
programme
to
Prime-1
from
Prime-2.
The
rating
action
follows
the
announcement
that
Imasco's
shareholders
voted
in
favour
of
the
offer
made
by
British
American
Tobacco
Plc
(quote
from
Yahoo!
UK
&amp;
Ireland:
BATS.L)
to
buy
the
58%
of
shares
it
did
not
already
own
for
a
total
consideration
of
C$10.68
billion.</description>
<source url="http://www.reuters.com/">Reuters</source>
<pubDate>Thu, 03 Feb 2000 05:00:00 GMT</pubDate>
</item>

<item>
<title>Imasco transaction completed on schedule</title>
<link>http://www.newswire.ca/releases/February2000/01/c0153.html</link>
<guid>http://tobacco.org/news/36303.html</guid>
<description>Imperial Tobacco Canada Limited (&quot;Imperial
Tobacco&quot;), the successor corporation to Imasco Limited (&quot;Imasco&quot;), announced
today that the capital reorganisation, which was overwhelmingly approved by
the shareholders of Imasco at the special meeting of shareholders held on
Friday, 28th January 2000, was successfully completed today. Shareholders of
Imasco are to receive C$41.60 for each of their Imasco shares. As a result of
the capital reorganisation, all of the outstanding shares of Imperial Tobacco
are now held indirectly by British American Tobacco plc.</description>
<source url="http://www.newswire.ca">Canada Newswire  </source>
<pubDate>Tue, 01 Feb 2000 05:00:00 GMT</pubDate>
</item>

<item>
<title>Imasco transaction completed on schedule</title>
<link>http://www.newswire.ca/releases/February2000/01/c0153.html</link>
<guid>http://tobacco.org/news/36302.html</guid>
<description>Imperial Tobacco Canada Limited (&quot;Imperial
Tobacco&quot;), the successor corporation to Imasco Limited (&quot;Imasco&quot;), announced
today that the capital reorganisation, which was overwhelmingly approved by
the shareholders of Imasco at the special meeting of shareholders held on
Friday, 28th January 2000, was successfully completed today. Shareholders of
Imasco are to receive C$41.60 for each of their Imasco shares. As a result of
the capital reorganisation, all of the outstanding shares of Imperial Tobacco
are now held indirectly by British American Tobacco plc.</description>
<source url="http://www.newswire.ca">Canada Newswire  </source>
<pubDate>Wed, 02 Feb 2000 05:00:00 GMT</pubDate>
</item>

<item>
<title>The thorn in Imasco's side</title>
<link>http://www.nationalpost.com/financialpost.asp?s2=columnists&amp;s3=critchley&amp;f=991207/145672.html</link>
<guid>http://tobacco.org/news/32488.html</guid>
<description>Mr. Verdun, a noted critic of some of the practices of the chartered banks, has written to Paul Martin, Minister of Finance, and Alan Rock, Minister of Health, expressing his concerns about aspects of the proposed $7.85-billion takeover of Canada Trust by Toronto-Dominion Bank . . &quot;Mr. Rock, your publicly funded advertisements describe the tobacco industry as a business without a conscience. Mr. Martin, your department has allowed Canada's largest tobacco company, Imasco, to amass a business empire that ignores the most basic principle of democracy in its flagrant assault on the rights of shareholders,&quot; said Mr. Verdun, in part of his four-page letter to the two ministers touted as the front-runners ]to succeed Jean Chretien.
[This graph only</description>
<source url="http://www.nationalpost.com">National Post </source>
<pubDate>Tue, 07 Dec 1999 05:00:00 GMT</pubDate>
</item>

<item>
<title>British Amer. Tobacco, Imasco outlooks stable-S&amp;P: (Press release provided by Standard &amp; Poor's)</title>
<link>http://biz.yahoo.com/rf/991123/s1.html</link>
<guid>http://tobacco.org/news/31574.html</guid>
<description>Standard &amp; Poor's today revised its outlook on British American Tobacco PLC (BAT) and related entities to stable from negative.

At the same time, Standard &amp; Poor's affirmed its ratings on the companies (see list below.)

Standard &amp; Poor's also revised its outlook on Imasco Ltd. to stable from negative, and affirmed its single-'A' long-term and 'A-1' short-term ratings on the company. (See today's related press release.)

In August 1999, the outlook on BAT was revised to negative from stable owing to uncertainty regarding the disposals of Imasco businesses Shoppers Drug Mart/Pharmaprix and Genstar Development Co.</description>
<source url="http://www.reuters.com/">Reuters</source>
<pubDate>Tue, 23 Nov 1999 05:00:00 GMT</pubDate>
</item>

<item>
<title>CORRECTED - FOCUS-BAT hikes Imasco bid, sells Shoppers to KKR: (correcting from LONDON)</title>
<link>http://biz.yahoo.com/rf/991118/bcs.html</link>
<guid>http://tobacco.org/news/31265.html</guid>
<description>British American Tobacco Plc (quote from Yahoo! UK &amp; Ireland: BATS.L) raised its bid for Canadian conglomerate Imasco Ltd. (Toronto:IMS.TO - news) on Thursday and said it agreed to sell the Montreal company's Shoppers Drug Mart pharmacy chain to a group led by U.S. leveraged buyout firm Kohlberg Kravis Roberts &amp; Co.</description>
<source url="http://www.reuters.com/">Reuters</source>
<pubDate>Thu, 18 Nov 1999 05:00:00 GMT</pubDate>
</item>

<item>
<title>FOCUS-BAT hikes Imasco bid, sells Shoppers</title>
<link>http://biz.yahoo.com/rf/991118/y5.html</link>
<guid>http://tobacco.org/news/31255.html</guid>
<description>British American Tobacco Plc on Thursday raised its agreed bid for Canadian conglomerate Imasco Ltd (Toronto:IMS.TO - news) as the world's number two cigarette company agreed the sale of Imasco's drug store chain Shoppers Drug Mart.</description>
<source url="http://www.reuters.com/">Reuters</source>
<pubDate>Thu, 18 Nov 1999 05:00:00 GMT</pubDate>
</item>

<item>
<title>BAT Mails Imasco Buy Circular To Holders</title>
<link>http://interactive.wsj.com/archive/retrieve.cgi?id=BT-CO-19990927-003237.djml</link>
<guid>http://tobacco.org/news/28093.html</guid>
<description>Imasco Ltd. (T.IMS) said British American Tobacco p.l.c. (BTI) is mailing a proxy circular to its shareholders Monday relating to the proposed acquisition by BAT of the 58% of Imasco it doesn't already own.

In a news release, Imasco said the extraordinary general meeting of BAT shareholders to vote on the proposed acquisition will be held Oct. 15.

As reported, Imasco announced in early August a going-private agreement with BAT, under which BAT would offer at least C$40 a share for the remaining stake in Imasco.</description>
<source url="http://www.wsj.com">The Wall Street Journal Interactive Edition</source>
<pubDate>Mon, 27 Sep 1999 04:00:00 GMT</pubDate>
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