North America
Blackberry Sets Quantum Science Fund
Blacberry founder forms Quantum Science fund for technology development. The venerated inventors of Blackberry Mike Lazaridis and Doug Fregin are again in partnership to set up a fund that would foster the growth, development and commercialization of quantum science technologies.
Ziggo Shareholdings from Cinven and Warburg Pincus to be Reduced
Cinven and Warburg Pincus Investments to Lower with share sale in Ziggo. Cinven Cable Investments and WP Holdings IV BV are said to be reducing its shareholdings in Ziggo NV.
New Strategic Plans for K&G Brand
Men's Wearhouse drafts plans to improve K&G brand. Men's Wearhouse Inc would be exploring a foolproof plan for its K&G brand which includes a move to repurchase additional shares amounting to $155 million.
Summit REIT Acquires Properties and Funding
Summit REIT expands portfolio and funding sources. In an announcement, Summit Industrial Income REIT said that it has completed the acquisition of fifteen light industrial properties in several locations, namely Greater Toronto, Moncton in New Brunswick and Edmonton in Alberta.