Ottawa is talking to the country's largest pension funds about investing in billions of dollars worth of infrastructure projects to help stimulate the economy, Reuters reported. Canada's pension funds, which are among the world's biggest infrastructure investors, say that the projects will need to be structured in a way that limits the risk they take if they are to be lured into backing them.
4 min read · 11 February 2016
The Canada Pension Plan Investment Board, one of the world's biggest dealmakers, said volatile global markets are providing the best opportunities for long-term investors since the 2007-09 financial crisis, Reuters News reported.
1 min read · 11 February 2016
Senior creditors of Caesars Entertainment Corp's (CZR.O) bankrupt operating unit are threatening to abandon a framework agreement and propose their own formal restructuring plan as soon as Monday, Reuters News is reporting.
2 min read · 11 February 2016
Canada's second-biggest dairy, Agropur Cooperative, said it is looking to grow in the United States, possibly through acquisitions, in the face of an expected erosion of its market share at home due to recent international trade deals. Argopur raised $300 million from the Caisse de dépôt et placement du Québec and other investors in December.
3 min read · 10 February 2016
Waste collection company Advance Disposal Services Inc (ADSW.N), backed by Highstar Capital, has decided to delay a $471 million initial public offering that was scheduled to price on Wednesday, due to stock market volatility, people familiar with the matter said.
1 min read · 10 February 2016
Private equity firm Carlyle Group LP (CG.O) unveiled a $200 million share buyback plan on Wednesday as it posted weaker-than-expected fourth-quarter earnings amid volatile financial markets, Reuters reported.
1 min read · 10 February 2016
Bahrain-based Investcorp INVB.BH will seek further opportunities to acquire businesses, its co-chief executive said on Wednesday, after the alternative investment fund posted a 12 percent rise in first-half net profit, Reuters News reported.
2 min read · 10 February 2016
Faced with record low prices for heavy crude, Canadian energy companies are sacrificing other parts of their business to keep higher-cost oil sands production going and safeguard the billions already invested in these multi-decade projects, Reuters reported. The prospective buyers of assets on the block include pension funds and private equity firms.
3 min read · 09 February 2016
Pernix Therapeutics Holdings Inc (PTX.O), a U.S. specialty pharmaceutical company, is exploring strategic alternatives, including a potential sale, Reuters News reported.
2 min read · 09 February 2016
Investment bank Houlihan Lokey said on Monday that Gregg Feinstein, its U.S. head of mergers and acquisitions, had died, Reuters News reported.
1 min read · 09 February 2016
