BlackBerry's co-founders had showed interest in acquiring the struggling smartphone manufacturer, said a report by The Economic Times.
Canada
Imperial Capital Group invests USD 17 million in STI Technologies
Imperial Capital Group backed STI Technologies with a USD 17 million investment. Toronto-based Imperial Capital Group announced its USD 17 million investment in reimbursement card provider STI Technologies.
TPG Capital, Ivanhoe acquires P3 from Arcapita Bank
TPG Capital together with Ivanhoe Cambridge bought Europe-based P3. TPG Capital and Ivahoe Cambridge Inc of Montreal bought warehouse landlord P3 Plc from Arcapita Bank.
Cerberus contemplating bid for beleaguered BlackBerry
Known institutional investor Cerberus Capital Management is studying its options to determine if it would make a bid for BlackBerry.
BlackBerry to take out ads to talk directly to the consumers
BlackBerry Chief Marketing Officer said the firm had taken one page ads to communicate with its consumer base.
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A share in CT REIT is worth CAD10 each and 26.35 million trust units were sold. The real estate investment trust of Canadian Tire Corp had raised CAD263.
BlackBerry, a Canada based struggling smartphone manufacturer, had been more open to a company breakup amid concerns that its biggest shareholder Fairfax Financial Holdings Ltd would not be able to find funds or partners for a proposed USD4.7 billion buyout deal.
After accumulating nearly 6% of total shares in Talisman Energy, Carl Icahn has prepared to provide direction as to sales of assets of the Canadian energy firm.
Lululemon Athletica, a yogawear manufacturer, had been looking into expansion as it sees the overseas market to have a promising growth, said a Reuters report.
Canada-based High Liner Foods would be looking to acquire assets to increase its profit and be the largest frozen seafood company in North America.
At the height of its business, BlackBerry servers provided supported its devices with secure email technology, which now is key to its survival.
Citing the national security provisions of the Investment Canada Act, the purchase of Accelero of the fiber optic network owned by MTS Allstream was blocked by the Canadian government.
