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PlayStation Canada promises more PS5 stock by the end of the year - MobileSyrup + MORE Nov 25th
PlayStation Canada promises more PS5 stock by the end of the year MobileSyrup10 next-generation games to keep your PS5 or XSX humming this holiday Financial PostHere's December 2020's PlayStation Plus Games KotakuAnother PS5 system update is here which "improves syst.... More »
Stock news for investors: Air Canada Q3 profit plunges to as strike weighs on results Nov 7th
Here’s a round-up of news for Canadian investors this week.
Air Canada
Fortis
Thomson Reuters
Suncor
Cameco
Maple Leaf Foods
Sun Life Financial
Cineplex
Corus Entertainment
Xanadu Quantum Technologies
Featured RRSP Accounts
.... More »
Wednesday will be a big day for Canadian retailers. Here's what to expect + MORE Dec 5th
A big day for Canadian retailer earnings looms ahead with Hudson’s Bay, Dollarama,
Lululemon and Roots all set to report
.... More »
This stock is set to see big action on Wednesday + MORE May 17th
This U.S.-based retailer will report its first-quarter results on Wednesday morning
.... More »
3 mistakes you might be making as a self-directed investor, and how to fix + MORE Jul 7th
If you’re a self-directed investor, you already know you’re saving a bundle on the fees and commissions that advisors and investment firms charge. Your take-charge attitude should pay off, so long as you steer clear of the investing errors below that can cost you your returns. To avoid that fate.... More »
Encana to sell Colorado oil-gas assets for US$900 million to CPP-led group – CTV News
– news.google.ca
CTV NewsEncana to sell Colorado oil-gas assets for US$900 million to CPP-led groupCTV NewsCALGARY — Encana Corp. (TSX:ECA) has agreed to sell some formerly prized oil and gas assets in Colorado for about US$900 million cash to a partnership headed by Canada Pension Plan Investment Board. The deal includes 51,000 acres of land (200 …Encana Reaches Agreement to Sell Its DJ Basin Assets for US$900 MillionStockhouseEncana sells Colorado property to CPPIB-led group for $900-millionThe Globe and MailEncana Corp to sell its Denver Julesberg basin assets for $900 millionFinancial Postall 17 news articles »
Encana sells Colorado property to CPPIB-led group for $900-million
– theglobeandmail.com
Canada Pension Plan Investment Board will hold 95 per cent of a new concern, and The Broe Group the remaining 5 per cent
Encana to sell Colorado oil-gas assets for US$900 million to CPP-led group
– canadianbusiness.com
CALGARY – Encana Corp. (TSX:ECA) has agreed to sell some formerly prized oil and gas assets in Colorado for about US$900 million cash to a partnership headed by Canada Pension Plan Investment Board.
The deal includes 51,000 acres of land (200 square kilometres) in northeastern Colorado in the Denver Julesburg Basin.
The lands produce a combination of natural gas, crude oil and other liquids and has reserves estimated at the equivalent of 96.8 million barrels of oil.
CPP Investment Board, which manages funds for the Canada Pension Plan, will own 95 per cent of the DJ Basin assets and the Denver-based Broe Group will own five per cent.
Calgary-based Encana has been selling off non-core assets in the face of persistently low oil and gas prices. The company’s strategy is to focus on four producing areas, two in Western Canada and two in Texas.
Encana says that the sale of the Colorado assets will increase the total cash it has raised from various divestitures in 2015 to about US$2…
The deal includes 51,000 acres of land (200 square kilometres) in northeastern Colorado in the Denver Julesburg Basin.
The lands produce a combination of natural gas, crude oil and other liquids and has reserves estimated at the equivalent of 96.8 million barrels of oil.
CPP Investment Board, which manages funds for the Canada Pension Plan, will own 95 per cent of the DJ Basin assets and the Denver-based Broe Group will own five per cent.
Calgary-based Encana has been selling off non-core assets in the face of persistently low oil and gas prices. The company’s strategy is to focus on four producing areas, two in Western Canada and two in Texas.
Encana says that the sale of the Colorado assets will increase the total cash it has raised from various divestitures in 2015 to about US$2…
CPI Card Group IPO fails to price
– theglobeandmail.com
CPI not expected to trade Thursday as planned
BioMed Realty Trust selling to Blackstone Real Estate for $8 billion
– canadianbusiness.com
NEW YORK, N.Y. – Blackstone Real Estate Partners is buying BioMed Realty Trust Inc. in an all-cash deal valued at $8 billion.
The deal, for $23.75 per share, marks a 10 per cent premium to BioMed’s closing price on Wednesday.
San Diego’s BioMed, which owns properties in the drug development and life sciences industries, said Thursday that its board of directors approved the deal. The companies expect to close the acquisition in the first quarter of next year.
BioMed CEO Alan D. Gold said demand is outpacing supply for real estate to support a growing life sciences industry and that the sale helps maximize the company’s value. Blackstone was drawn to BioMed because of the company’s holdings in key life sciences markets like Boston, San Francisco and Seattle.
“We believe in the long-term fundamentals of this sector, particularly in locations with top-tier educational and research institutions,” said Nadeem Meghji, co-head of U.S. real estate acquisitions for Blackstone…
The deal, for $23.75 per share, marks a 10 per cent premium to BioMed’s closing price on Wednesday.
San Diego’s BioMed, which owns properties in the drug development and life sciences industries, said Thursday that its board of directors approved the deal. The companies expect to close the acquisition in the first quarter of next year.
BioMed CEO Alan D. Gold said demand is outpacing supply for real estate to support a growing life sciences industry and that the sale helps maximize the company’s value. Blackstone was drawn to BioMed because of the company’s holdings in key life sciences markets like Boston, San Francisco and Seattle.
“We believe in the long-term fundamentals of this sector, particularly in locations with top-tier educational and research institutions,” said Nadeem Meghji, co-head of U.S. real estate acquisitions for Blackstone…
