TMX Group, the owner of the Toronto Stock Exchange, said on Wednesday it had acquired an around 78% stake in U.S. data analytics company VettaFi Holdings for $848 million (C$1.14 billion). In January, the group took a...
Pembina Pipeline to buy Enbridge’s JV interests for $2.30 bln
Pembina Pipeline said it would buy Enbridge’s interests in the Alliance Pipeline, Aux Sable and NRGreen joint ventures for C$3.1 billion ($2.30 billion). Alliance delivers liquids rich natural gas sourced in...
Australian competition watchdog approves Woolworths’ stake buy in Petstock
Australia’s competition watchdog said it will not oppose Woolworths’ acquisition of a 55% stake in specialty pet retailer Petstock Group. The Australian Competition and Consumer Commission (ACCC), after a...
ABN Amro buys loss-making online brokerage Bux
ABN Amro said on Thursday it was buying online brokerage Bux for an undisclosed sum to increase its market presence with younger investors. The companies said Bux has around 500,000 users in northern Europe. ABN said...
Warren Buffett’s Berkshire Hathaway almost halves stake in PC maker HP
Berkshire held 51.5 million shares, or 5.2% of the Palo Alto, California-based company on Nov. 30, according to a regulatory filing. That’s down from about 97.85 million shares on Oct. 3, according to data compiled by...
Macquarie Capital picks up minority stake in ChargeZone
Macquarie Capital has acquired a “substantial minority stake” in ChargeZone, a Vadodara-based company specializing in high-speed electric vehicle (EV) charging networks. The specifics of the stake and the...
Cognizant plans to sell office assets in Hyderabad, Chennai
Software services firm Cognizant Technologies intends to sell its office assets in Hyderabad and Chennai as part of its strategy to become asset-light and capitalise on non-core real estate. The company plans to divest...
South Korea’s Mirae Asset to buy BNP Paribas’ Indian brokerage unit for $370 mln
South Korea’s Mirae Asset Securities said it would acquire French bank BNP Paribas’ Indian retail brokerage unit, Sharekhan, in a 487 billion won ($370.11 million) deal. Mirae Asset, an investment banking...
Canada’s Secure Energy to divest assets for C$1.15 bln on Competition Tribunal’s ruling
Waste management firm Secure Energy Services said it will divest some assets in Western Canada for a total of C$1.15 billion ($847.21 million) to fulfill Competition Tribunal’s conditions for its merger with...
Canada’s Rogers offloads Cogeco stake for $611 mln to CDPQ
Rogers Communications announced it has sold all of its shares in Cogeco and Cogeco Communications to Canada’s second-largest pension fund Caisse de dépôt et placement du Québec in a private deal for C$829 million...
Blackstone may sell up to 50% in PGP Glass
Global private equity (PE) firm Blackstone Inc. is looking to sell as much as 50% stake in PGP Glass Pvt. Ltd that it acquired three years ago, three people aware of the development said. The PE firm has named...
Macy’s investors mount $5.8 billion buyout bid
An investor group consisting of Arkhouse Management and Brigade Capital has made a $5.8 billion offer to take department store chain Macy’s private, according to a person familiar with the matter on Sunday...
