Tag archive for ‘Canada’
By businessnewstoday On Sunday, November 25th, 2018

Kraft Heinz Canada to sell natural cheese business to Parmalat for $1.23bn

(adsbygoogle = window.adsbygoogle || []).push({}); Food acquisition news : US food producer Kraft Heinz has agreed to offload its Canadian natural cheese business to Italian dairy and food company Parmalat More...

By Soujanya Ravi On Tuesday, October 16th, 2018

Online groceries delivery service Instacart to build new tech hub in Canada

Retail industry news : Online groceries delivery service Instacart is all set to open a new tech hub called Instacart North in Toronto next year to significantly grow its presence in Canada. Instacart, which currently More...

By Soujanya Ravi On Tuesday, October 9th, 2018

AltaGas to divest $560m worth midstream and power assets

AltaGas, a North American energy infrastructure company based in Calgary, has signed multiple deals to divest certain non-core midstream and power assets in Canada and power assets in the US for a total of around More...

By businessnewstoday On Sunday, September 23rd, 2018

Superior Plus to acquire propane distribution assets of Porco Energy

Superior Plus, a Canadian energy distribution and specialty chemicals business, has agreed to acquire all of the propane distribution and other assets of US-based propane marketer Porco Energy. Terms of the transaction More...

By Soujanya Ravi On Saturday, September 1st, 2018

Rio Tinto inaugurates A21 diamond pipe at Diavik Diamond Mine in Canada

Global mining company Rio Tinto has officially opened a new diamond pipe named A21, built with an investment of $350 million, at the Diavik Diamond Mine in Canada. A21 is now the fourth diamond pipe at the Diavik More...

By businessnewstoday On Sunday, August 26th, 2018

Enbridge to acquire 100% of Spectra Energy Partners in $3.3bn all-stock deal

Canadian natural gas distribution company Enbridge has agreed to acquire 100% of its Houston-based master limited partnership (MLP) Spectra Energy Partners (SEP), by buying out 17% of stake which it previously didn’t More...

By businessnewstoday On Sunday, July 8th, 2018

ReSolve Asset Management acquires Acorn Global Investments

Financial service news : Canadian investment service company ReSolve Asset Management has acquired Ontario-based alternative investment manager Acorn Global Investments for an undisclosed price. Acorn Global Investments, More...

By businessnewstoday On Tuesday, June 19th, 2018

Baytex Energy to acquire rival Canadian oil and gas producer Raging River for $2.1bn

Energy acquisition news : Canadian oil and gas producer Baytex Energy has agreed to acquire its rival Raging River Exploration in a deal worth CAD2.8 billion ($2.13 billion) to create a top oil-weighted producer More...

By businessnewstoday On Saturday, April 21st, 2018

PharmaCielo to acquire telemed services company Ubiquo Telemedicina

Canadian medical cannabis provider PharmaCielo has agreed to acquire Ubiquo Telemedicina, a Colombian telemed services company for about CAD1.5 million ($1.17 million) in a cash-cum-stock deal. PharmaCielo said More...

By businessnewstoday On Saturday, April 21st, 2018

Stars Group to buy British gambling company Sky Betting & Gaming for $4.7bn

Online gambling industry news : Stars Group, a Canadian online gambling company has agreed to acquire British gambling company Sky Betting & Gaming (SGB) for $4.7 billion from CVC Capital Partners and sports More...