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