Apogee Enterprises Inc acquired Alumicor Limited from Fulcrum Capital Partners and other minority stakeholders in an all-cash transaction worth USD 52 million.
Canada
Signal Hill Equity Partners invests in OEL Projects Limited
Signal Hill Equity Partners closed its investment in Calgary, Alberta-based oil and gas engineering company OEL Projects Limited.
Penn West looks to sell up to USD2 billion in assets
Canadian oil producer Penn West Petroleum announced that it will be selling up to USD2 billion of its assets to reduce debt levels.
Granify receives USD 1.5 million in seed funding
Software-as-a-Service platform Granify obtained seed funds worth USD 1.5 million from venture capitalists and angel investors.
OpenText Corp shares rise after acquiring GXS Group
OpenText Corp.'s shares rose to record high USD7.77 after its announcement to buy GXS Group Inc.
Latest News
Reinsurance company Analyze Re received USD 1.4 million from venture capital companies for financing round.
Ignition Partners led the Series B round for Coho Data which raised USD 25 million. Canada-based Coho Data was able to secure USD 25 million in its Series B round.
The following bids, mergers, acquisitions and disposals were reported on Tuesday. The following bids, mergers, acquisitions and disposals were reported on Tuesday.
ING Groep NV's Canadian online bank is to be known as Tangerine. ING Groep NV's Canadian online bank was purchased by the Bank of Nova Scotia.
BlackBerry's cash reserves may only last until 2014. Beleaguered smartphone maker BlackBerry had planned to issue convertible notes worth USD1 billion after the collapse of its Fairfax Financial Holdings bid.
OpenText Corp, a Canadian business software maker, acquired cloud computing company GXS Group Inc to strengthen its holding in the enterprise software market.
American pharmaceutical company Endo Health Solutions Inc entered into a definitive agreement to acquire Paladin Labs Inc for USD1.6 billion.
BlackBerry Interim CEO John Chen stressed his experience to be able to turn around the firm. in light of the pull out of Fairfax Financial Holdings and the removal of their CEO, BlackBerry did damage control in appointing John Chen as its interim CEO and executive chairman.
Canada-based private equity firm Lynx Equity bought lighting fixtures maker Valuelight Limited. Lynx Equity announced its purchase of Valuelight Limited.
