mergers and acquisitions
Ensign insists the cash value of its offer of about $470 million now outweighs the all-shares offer by Precision.
Parmalat to take over cheese brands Cracker Barrel, P’tit Quebec and Amooza.
Encana will assume US$2.2 billion of Newfield debt.
MEG says the offer “significantly undervalues” its shares and is not in the best interests of the company.
Pot firm Canopy will pay $25 million in cash and issue 6,221,210 shares to Ebbu.
EY found only 46% of executives are planning a takeover in the next 12 months.
Drillers and service companies are rehiring staff and redeploying equipment after cutting costs to the bone during the downturn.
Options for buying or partnering up.
Power and water division officials say the purchase will take advantage of complementary strengths in technology and global capability.
Deal values are already up 35% on 2014, according to EY.
Deal is worth $30 million; expected to close in Q3.
Transaction includes approximately $700 million in debt; expected to close in Q3.
Cash and stock deal worth $46.7 million.
Altera makes chips used in phone networks and cars, an area Intel is targeting for growth.
EY survey reveals there’s opportunities for strategic and innovative deals despite iffy economic sentiment.