Bonnefield Financial, a private equity firm that specializes in investing in farmland, has held a first close for Bonnefield Canadian Farmland LP III. The new fund raised $100 million in committed capital, which is already more than four times the size of Bonnefield Canadian Farmland LP II, which closed in February at $22.5 million. Coincident with the fundraising news, Bonnefield announced its acquisition of farmland assets located in Dufferin County, Ontario, which the firm called "one of the largest farmland deals in Canadian history."
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1 min read · 15 July 2013
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Textbook publisher Cengage Learning Inc filed for bankruptcy protection as part of a prearranged restructuring it said would help it eliminate more than $4 billion of debt, sister news service Reuters reported.
2 min read · 15 July 2013
