Category Archives: News

Reese Witherspoon’s Hello Sunshine to Be Sold to Media Company Backed by Blackstone

Firm led by former Disney executives Kevin Mayer and Tom Staggs plans to acquire other content companies Reese Witherspoon said the Hello Sunshine deal is an endorsement of her bet that Hollywood needs more stories told by and for women. By Benjamin Mullin and Miriam Gottfried Aug. 2, 2021 10:30 am ET   Reese Witherspoon’s […]

Cenovus to buy renewable power from Cold Lake First Nations, Elemental Energy partnership

Cenovus to buy renewable power from Cold Lake First Nations, Elemental Energy partnership July 22, 2021 08:00 ET | Source: Cenovus Energy Inc   CALGARY, Alberta, July 22, 2021 (GLOBE NEWSWIRE) — Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) has entered into a power purchase agreement (PPA) to buy solar-power produced electricity and the associated emissions offsets […]

Exfo: Germain Lamonde Rejects Fourth Unsolicited, Non-Binding Proposal From Viavi

   NEWS PROVIDED BY EXFO Inc.  Jul 20, 2021, 10:52 ET QUEBEC CITY, July 20, 2021 /PRNewswire/ – Mr. Germain Lamonde today issued the following statement: Viavi Solutions Inc. (Viavi) made a fourth unsolicited, non-binding proposal to acquire EXFO Inc. (EXFO), and, for the fourth time, I make it crystal clear to Viavi and to my board of directors at […]

Flow Beverage Corp debuts on Toronto Stock Exchange, posts 97% surge in revenues in first half

FoodNavigator-USA By Elaine Watson 14-Jul-2021   L-R: Flow CEO Maurizio Patarnello and founder Nicholas Reichenbach. (Picture credit: Flow Beverage Corp) Common shares in naturally alkaline spring water Flow Beverage Corp. began trading on the Toronto Stock Exchange today (ticker symbol ‘FLOW’), following the company’s reverse takeover transaction via a three cornered amalgamation with RG One […]

Porter Airlines Elbows Onto Air Canada Turf With First Jet Deal

BLOOMBERG NEWS WIRE Carol Zhai, Bloomberg News Jul 12, 2021 (Bloomberg) — Porter Airlines Inc. plans to order as many as 80 Embraer SA commercial E195-E2 jets as it expands services to Toronto’s Pearson International Airport. The decision moves the regional carrier squarely onto larger rival Air Canada’s home turf as the airline industry prepares for […]

Atletico Madrid get €182m capital boost as Ares takes 34% stake

US investment manager takes shareholding in La Liga champions’ new holding company.  SportsPro Media Posted: June 28 021 By: Ed Dixon Atletico HoldCo now the club’s majority shareholder with a 65.98% stake Capital increase to help offset lost income due to Covid-19 Atletico’s debt reportedly hit €999m following the 2019/20 season Atletico Madrid have agreed […]

Tesla’s Berlin battery bust-up set to boost Britain

Telegraph Media Group Progress on the $7bn site has been painfully slow as environmental campaigners and bureaucratic red tape frustrate the Tesla boss ByMatthew Field    26 June 2021 • 11:00am Elon Musk’s early vision for Tesla’s gigafactory in Berlin was typically outlandish. Brimming with confidence, the world’s second richest man promised to build a […]

Al Gore’s investment firm leads $225 million investing round in Montreal’s Alayacare

The healthcare software provider intends to use the funding to expand further into global markets Author of the article: Stefanie Marotta Publishing date: Jun 24, 2021  •  Montreal-based healthcare software provider Alaya Care Inc. is bolstering its expansion into the United States with a $225 million funding round led by Al Gore’s investment firm. The […]

Breaking Bad stars sell minority stake in mezcal brand

18th June, 2021 by Nicola Carruthers Constellation Brands has acquired a minority stake in Dos Hombres Mezcal, founded by Breaking Bad actors Aaron Paul and Bryan Cranston, for an undisclosed sum. Long-time friends Aaron Paul and Bryan Cranston with their Dos Hombres brand American actors Paul and Cranston launched Dos Hombres in July 2019. The brand made its debut in the […]

Aritzia marks major foray into menswear with $63M Reigning Champ purchase

Cassandra Gill Jun 14 2021, 8:24 pm Two major Vancouver fashion companies are coming together. Aritzia has acquired premium athletic wear brand Reigning Champ for $63 million. The womenswear retailer, which was founded in 1984, will acquire 75% of Reigning Champ with the remaining 25% equity interest by 2026. “We’re excited to welcome Reigning Champ. Rooted in classic, timeless athletic wear, […]