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Brazil considering sale of stakes in public assets, report says + MORE May 16th
O Globo said the government is considering partial sales of tranches in Correios, Brazil’s mail carrier, and the Casa de Moeda, the national mint
.... More »
Six big retirement mistakes – what I’m doing about them Feb 14th
Save, invest, prosper with My Own Advisor.
Six big retirement mistakes – what I’m doing about them Recently Jason Heath, a fee-only financial planner, outlined a number of mistakes investors make when it comes to retirement planning and/or investing during retirement. I thought I’d outli.... More »
Cameron in Parliament for 1st time since offshore funds row + MORE Apr 11th
LONDON – British Prime Minister David Cameron, under pressure over his admission of a past investment in an offshore fund, is about to face lawmakers for the first time since the Panama Papers scandal shed light on the tax-haven tactics of the rich and famous.
Opposition leaders say they will .... More »
90 days - 1.75% + MORE Mar 21st
This GIC rate is offered by Oaken Financial and was updated on 2014-12-19. Click on the link above to get more details or apply online..... More »
Banks say Canada Post should not be allowed to open the teller window + MORE Jul 12th
OTTAWA – The lobby group representing Canada’s big banks says Canada Post should not be allowed to expand onto its turf as a means of generating needed revenue.
The Canadian Bankers Association says there is no public policy objective or existing gap in the marketplace that would warrant.... More »
Friendly takeover offer for Patheon values contract drug maker at US$1.4 billion
– canadianbusiness.com
TORONTO – Patheon Inc. (TSX:PTI) has received a friendly going-private proposal that values the TSX-listed company at about US$1.4 billion, more than 50 per cent above its recent market price.
The offer of US$9.32 per share cash for minority shareholders is coming from a group backed by Patheon’s largest shareholder, U.S. private equity firm JLL Partners.
JLL and European life sciences company Royal DSM plan to combine Patheon into a new global contract drug manufacturer with 23 locations around the world and 8,300 employees.
The new company will be owned 51 per cent by JLL and 49 per cent by Royal DSM.
JLL Partners currently owns about 55.7 per cent of Patheon’s equity.
As a result, the takeover offer would cost about US$582 million cash to buy out shareholders other than JLL and its affiliates.
Patheon shares closed Monday at C$5.94 at the Toronto Stock Exchange, giving it a market value of C$837 million at the time.
The post Friendly takeover offer for Patheon values contract drug maker at US$1…
The offer of US$9.32 per share cash for minority shareholders is coming from a group backed by Patheon’s largest shareholder, U.S. private equity firm JLL Partners.
JLL and European life sciences company Royal DSM plan to combine Patheon into a new global contract drug manufacturer with 23 locations around the world and 8,300 employees.
The new company will be owned 51 per cent by JLL and 49 per cent by Royal DSM.
JLL Partners currently owns about 55.7 per cent of Patheon’s equity.
As a result, the takeover offer would cost about US$582 million cash to buy out shareholders other than JLL and its affiliates.
Patheon shares closed Monday at C$5.94 at the Toronto Stock Exchange, giving it a market value of C$837 million at the time.
The post Friendly takeover offer for Patheon values contract drug maker at US$1…
The Francis Bacon indicator? Art world soaks up excess cash
– theglobeandmail.com
With traditional assets looking scary, investors are piling into fine art – and breaking sales records
Busy day for MPs studying federal budget, Canada-EU trade agreement – Montreal Gazette
– news.google.ca
Bay TodayBusy day for MPs studying federal budget, Canada-EU trade agreementMontreal GazetteOTTAWA – Members of Parliament will be busy today at committees dealing with the economy and trade. Citizenship and Immigration Minister Chris Alexander appears before a Commons committee hearing witnesses on Bill C-4, the Budget Implementation …Ottawa agenda for Monday: Parliament returns, economy, investment and healthWinnipeg Free Pressall 18 news articles »
5.5 year – 3.00%
– ratesupermarket.ca
This GIC rate is offered by Outlook Financial and was updated on 2013-10-30. Click on the link above to get more details or apply online.
Explainer: What is Bicoin and how do you buy it?
– theglobeandmail.com
The virtual currency known as Bitcoin took a step away from the margins of the financial system Monday, as the U.S. Senate homeland security and governmental affairs committee set aside a good chunk of the afternoon for testimony on whether the …
