FTSE International Limited has announced a change to its current joint-venture ownership structure, with the London Stock Exchange Group acquiring the 50% stake in FTSE, from Pearson, that the Group does not already own.
Canadian CFAs say the Maple Group bid for TMX Group will result in a monopoly, which could adversely affect Canadian investors.
The Caisse de dépôt et placement du Québec has entered into definitive agreements with ConocoPhillips to purchase its 16.55% interest in Colonial Pipeline Company and Colonial Ventures LLC for US$850 million.
The Alberta Investment Management Corp. (AIMCo) is acquiring a 50% interest in Inversiones Grupo Saesa Limitada, an electrical transmission and distribution company in Chile.
Shareholders of Kinetic Concepts, Inc. have approved the acquisition of Kinetic by a consortium made up of the Canada Pension Plan Investment Board, the Public Sector Pension Investment Board and U.K.-based Apax Partners. The acquisition is for $68.50 per common share, or a total value of approximately $6.3 billion. The acquisition is expected to close […]
Merger and acquisition activity edged higher in Canada in the third quarter, thanks to a wave of deals by pension funds and banks, says a report released Oct. 28 by PwC. According to PwC’s Capital Markets Flash quarterly report, deal volume in the July-September period rose by 8% compared to the same quarter last year, […]
OMERS Private Equity has helped finance a management-led buyout of U.S.-based Great Expressions dental centres from affiliates of private equity firm Audax Group. Financial terms of the deal, announced Oct. 21, were not revealed. Founded in 1982 and headquartered in Bloomfield Hills, Mich., Great Expressions operates 152 dental offices in seven states: Connecticut, Florida, Georgia, […]
The Autorité des marchés financiers (AMF) will be holding public hearings on the transactions proposed by the Maple Group Acquisition Corporation. The hearings will be held on Nov. 24 and 25, 2011 at the Palais des congrès de Montréal. On Oct. 3, 2011, Maple—which includes the Canada Pension Plan Investment Board and Ontario Teachers’ Pension […]
The Caisse de dépôt et placement du Québec has concluded its investment of $7 million dollars in CAD Railway Industries Ltd. (CADRI), a Lachine-based company specializing in rail car and locomotive repair. The Caisse is acquiring share capital and granting a loan as part of this transaction, carried out in connection with the purchase of […]
The Canada Pension Plan Investment Board (CPPIB) and Oxford Properties, the real estate arm of OMERS, are teaming up in a fifty-fifty joint venture to build the new national headquarters for Royal Bank in downtown Toronto. Oxford will oversee all aspects of the development and management of the property. The 30-storey office tower, to be […]