Australia-based mining firm Rio Tinto Ltd purchased C$1.29 billion (A$1.32 billion) worth of shares in Canada-based mining company Turquoise Hill Resources out of contractual obligations but maintained its present stake.
Canada
US education startup Tales2Go bags $750K seed funding for audiobook app
Marlyand, US-based education startup Tales2Go bagged $750,000 in a seed funding round led by NewSchoolds Venture Fund and Maryland Venture Fund to improve students' listening fluency through a "Netflix-like" audiobook app.
Canada's Saputo Inc gets closer to Warrnambool control as Bega Cheese says it will sell stake
Canada-based Saputo Inc is closer to its takeover attempt of Australia's Warrnambool Cheese & Butter Factory Co as Bega Cheese Ltd said it had agreed to sell its holding to Saputo, Bloomberg reported.
Canadian academic research platform Sciencescape closes $2.5M round
Ontario, Canada-based academic research startup Sciencescape closed $2.5 million in a recent funding round to make the process of going through mountains of research sources easier.
Australia's GPT quits CPA takeover battle
Australia-based real estate manager GPT Group will not increase its takeover bid for Commonwealth Property Office Fund (CPA), making way for Dexus Property and the Canada Pension Plan Investment Board (CPPIB) to make competing offers.
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Canada-based suitor Saputo Inc has lifted its stake in Australia-based dairy supplier Warrnambool Cheese and Butter Factory Ltd for the third time after United Dairy Power backed Saputo's takeover bid.
Canadian juvenile products and bicycle company Dorel Industries Inc said it had signed a share purchase deal to acquire Israel-based baby products and developmental toy firm Tiny Love.
Canada-based dairy firm Saputo Inc has again increased its stake in its takeover target, Australia-based dairy supplier Warrnambool Cheese and Butter Factory Ltd, from 20.141% yesterday to 21.392%.
Fairfax Financial Holdings Ltd, which is BlackBerry Ltd.'s largest shareholder, on Wednesday announced that it would buy another $250 million of the struggling smartphone maker's convertible debentures.
Montreal, Canada-based dairy firm Saputo Inc has increased its stake in Australia-based dairy supplier Warrnambool Cheese and Butter Factory Ltd to 20.1%, according to an ASX statement.
US-based contract research firm CEN Biotech will invest $12 million to build a high-security medical marijuana facility in Lakeshore, Canada in a bid to start a new industry in the region.
City Office REIT, controlled by Canadian private equity firm Second City Capital Partners, filed with US Securities and Exchange Commission to raise up to $115 million in a listing of its common stock on the New York Stock Exchange.
Japan-based food and beverage giant Kirin Holdings Ltd has no plans to sell its 9.99% holding in Warrnambool Cheese and Butter Factory Ltd to Canadian firm Saputo Inc as it wants to secure a cheese supply agreement with the latter.
Struggling smartphone maker BlackBerry Ltd. has hired Ron Louks as head of its loss-making devices business. Louks had served as chief executive officer at OpenNMS Group and as head of technology at Sony Ericsson.
