
Ensign moves up Trinidad bid deadline; target prefers Precision Drilling offer
Ensign insists the cash value of its offer of about $470 million now outweighs the all-shares offer by Precision.
Parmalat to acquire Kraft’s natural cheese division for $1.62B
Parmalat to take over cheese brands Cracker Barrel, P’tit Quebec and Amooza.
Encana to buy Newfield Exploration in all stock deal, plans to raise dividend
Encana will assume US$2.2 billion of Newfield debt.
Oilsands target MEG formally rejects Husky Energy’s $3.3B takeover bid
MEG says the offer “significantly undervalues” its shares and is not in the best interests of the company.
Canopy Growth buying Ebbu in deal worth more than $425M
Pot firm Canopy will pay $25 million in cash and issue 6,221,210 shares to Ebbu.
Global executives cooling on deals amid trade uncertainty
EY found only 46% of executives are planning a takeover in the next 12 months.
Oilfield services M&A picks up as battered drillers seek lower costs, scale
Drillers and service companies are rehiring staff and redeploying equipment after cutting costs to the bone during the downturn.

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GE completes $10.6B acquisition of Alstom’s power division
Power and water division officials say the purchase will take advantage of complementary strengths in technology and global capability.
Companies looking for takeovers to cushion global slowdown: survey
Deal values are already up 35% on 2014, according to EY.
Ballard acquires power management product developer Protonex
Deal is worth $30 million; expected to close in Q3.
3M buying Capital Safety from KKR for $1.8B
Transaction includes approximately $700 million in debt; expected to close in Q3.
EHT to acquire modular housing manufacturer EVIA
Cash and stock deal worth $46.7 million.
PC chip giant Intel to buy Altera for $17B
Altera makes chips used in phone networks and cars, an area Intel is targeting for growth.
Record number of Canadian businesses looking at deals
EY survey reveals there’s opportunities for strategic and innovative deals despite iffy economic sentiment.