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Latest News
Cyber attack disrupts much of the Internet + MORE Oct 21st
LONDON – There have been reports of internet disruption across the East Coast of the United States after a key firm was hit by a cyberattack.
New Hampshire-based Dyn said its server infrastructure was hit by a distributed denial-of-service attack, which works by overwhelming targeted machines with.... More »
Researchers discover groundwater beneath glacial ice streams in Antarctica - News9 LIVE + MORE May 9th
Researchers discover groundwater beneath glacial ice streams in Antarctica News9 LIVEScientists discover a giant groundwater system under the ice sheet in Antarctica Interesting EngineeringScientists discover massive reservoir of water under Antarctic ice AxiosScient.... More »
How a young couple can kill $142,000 in debt and start investing Mar 19th
iStock
Julie and David live in Calgary with their two daughters, ages 10 and 7. David, 40, is a cable technician earning $150,000 annually while Julie, 37, works part-time at a retail store near home earning $6,000 annually. In 2014, their lives changed when David fell on the job and injured his lef.... More »
CIBC Dividend® Visa Infinite* Card – 10% cash back up to $300 and a first year annual fee rebate + MORE Nov 28th
The CIBC Dividend® Visa Infinite* Card has a new boosted welcome bonus that provides up to $300 cash back. The bonus cash back rate of 10% is awarded on up to $3,000 in spending in the first four statement periods. Up until the beginning of November 2024 RWRDS Canada considered the CIBC Dividend V.... More »
Enroll or renew an InterContinental Ambassador membership and receive a free night stay when you stay once at any InterContinental, Kimpton or Regent Hotel Jul 31st
If you are unfamiliar with InterContinental Ambassador it is a separate 'elite' program within the IHG Hotels umbrella. It is a paid membership program that costs US$200 or 40,000 IHG Rewards Club points per year and it provides extra benefits at InterContinental Hotels & Resorts and for a limit.... More »
Stantec to acquire Colorado-based engineering firm MWH Global for US$795M
– canadianbusiness.com
EDMONTON – Stantec Inc. is buying MWH Global Inc., a Colorado-based engineering, consulting and construction management firm, in an all-cash deal valued at US$795 million, including $2 million in debt.
Edmonton-based Stantec says the acquisition of MWH Global and its 6,800 employees around the world, will position it as a global leader in water resources infrastructure.
It will also boost its presence in a number of countries, including key targeted geographies that include the United Kingdom, Australia, New Zealand, South and Central America, Europe and the Middle East.
The acquisition will be financed through a combination of an equity financing and new credit facilities.
These include a bought-deal C$525-million public offering of subscription receipts at an offer price of $30.25 apiece, as well as up to an additional $79 million in gross proceeds under an over-allotment option.
Other financing will include an $800-million senior secured revolving credit facility, of which about $233 million will be drawn, and a $450-million senior secured amortizing non-revolving term credit facility…
Edmonton-based Stantec says the acquisition of MWH Global and its 6,800 employees around the world, will position it as a global leader in water resources infrastructure.
It will also boost its presence in a number of countries, including key targeted geographies that include the United Kingdom, Australia, New Zealand, South and Central America, Europe and the Middle East.
The acquisition will be financed through a combination of an equity financing and new credit facilities.
These include a bought-deal C$525-million public offering of subscription receipts at an offer price of $30.25 apiece, as well as up to an additional $79 million in gross proceeds under an over-allotment option.
Other financing will include an $800-million senior secured revolving credit facility, of which about $233 million will be drawn, and a $450-million senior secured amortizing non-revolving term credit facility…
7 things you never budget for (but need to)
– creditcards.com
There’s always that surprise expense that lands on your credit card
