Private Equity

Canada

Tencent invests in Tim Hortons China: Reuters

Chinese tech giant Tencent has made an investment in Tim Hortons China, the Chinese affiliate of the Canadian coffee brewer, reported Reuters.

1 min read · 13 May 2020

Alumina Partners backs Otso Gold Corp

Vancouver, British Columbia's Otso Gold Corp has secured a draw-down equity financing facility of up to C$8 million from U.S. private equity firm Alumina Partners.

3 min read · 13 May 2020

Smart panel firm company Span locks in Series A

Span, a smart panel company, has raised US$10.2 million in Series A funding.

1 min read · 13 May 2020

Murdrick Capital proposes Neiman Marcus-Saks merger: Reuters

Hedge fund Mudrick Capital Management is proposing the Neiman Marcus Group explore a merger with rival department store chain Saks Fifth Avenue, reported Reuters.

1 min read · 13 May 2020

Canadian uranium company NextGen secures funding

Vancouver, British Columbia-based uranium company NexGen Energy has raised US$30 million in funding.

4 min read · 12 May 2020

BDC unveils mid-market financing program for covid-19-affected companies

Business Development Bank of Canada has teamed up with Export Development Canada to launch the Mid-Market Financing Program.

3 min read · 12 May 2020

TIAP, Evotec, AmorChem invest in Sinai Health newborn skin disease project

Toronto Innovation Acceleration Partners, Evotec SE and Canadian life sciences venture capital firm AmorChem have together invested C$1.75 million in the Netherton Syndrome project at Toronto-based Sinai Health.

5 min read · 12 May 2020

CPPIB seals deal with Enbridge

Canada Pension Plan Investment Board has agreed to acquire 49 percent of the entity that holds Enbridge's stake in Éolien Maritime France SAS, Enbridge's partnership with EDF Renewables.

3 min read · 12 May 2020

Turnbull to head Canadian transactions and business dev at Harrison Street

Harrison Street has named Jonathan Turnbull as managing director, head of Canadian transactions and business development.

3 min read · 11 May 2020

IMV closes private placement

Halifax, Nova Scotia and Montreal-based IMV, a biopharmaceutical company, has closed its private placement, raising more than C$25 million.

3 min read · 11 May 2020

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