CANGENE CORP CNJ.TO SAYS CREDIT SUISSE SECURITIES (CANADA), INC. IS ACTING AS FINANCIAL ADVISOR TO CANGENE
Canada
Golden Tree ups stake in Canada's Postmedia
US-based hedge fund Golden Tree Asset Management LP increased its stake in English-language daily newspaper publisher Postmedia Network Canada to 39% in a deal valued at $1.6 million.
Canada pension funds change conservative ways and take on private equity- report
The pension funds in Canada were said to have shifted towards private equity in their quest to avoid fees and improve performance to better serve the needs of its retirees, a Businessweek report said.
TorQuest-led group acquires Canada's A&B Rail Services
An investor group led by Canadian private equity firm TorQuest Partners has bought a majority stake in Edmonton-based A&B Rail Services Ltd in a deal with undisclosed financial terms.
Finland's Fortum agrees on sale of power distribution business to Suomi Power Networks
The largest utility firm in Finland, Fortum Oyj, would be exiting from its power distribution business in Finland to Suomi Power Networks, Bloomberg said in its report.
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Fortis Inc. announced today that it has entered into an agreement and plan of merger to acquire UNS Energy Corporation for US$60.25 per common share in cash
Australia-based dairy firm Bega Cheese's offered to merge with Murray Goulburn to to preserve the Australian ownership of Warrnambool Cheese and Butter (WCB), amid a three-way bidding contest with Saputo for WCB.
Canada-based oil producer Cardinal Energy Ltd gathered CAD 225 million for its initial public offering, the biggest IPO in the country since Oryx Petroleum Corp raised CAD 250.5 million in May, a Bloomberg report said.
Tomkins Ltd. has began the process for an exit deal that could bring in at least USD6 billion to the British manufacturer. It reportedly hired Goldman Sachs Group to advise on its proposed sale or listing.
Bain Capital, the U.S. private equity firm, has bought a majority stake in Canada Goose Inc, a family-owned company which had been seeking an investor to help it meet demand for its high-end cold-weather gear.
Yoga-inspired athletic apparel firm Lululemon Athletica said Founder Chip Wilson will be stepping down as Chairman. He will be replaced by Michael Casey, the Lead Director of the Board.
Court-appointed monitor Ernst & Young has extended the deadline for the acceptance of bids for Canadian wireless startup Mobilicity to December 16, a Reuters report said.
Canada-based gold exploration firm Giyani Gold Corp announced on Monday its acquisition of a 57.7% interest in Canoe Mining Ventures through a securities exchange agreement.
Britain's Barclays PLC, Japan's Nomura and the Royal Bank of Canada are leading the loan financing for Hellman & Friedman LLC's buyout of Scout24. The classified advertising business will be bought for EUR700 million in debt funding.
