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.
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Watch for a paradigm shift as boomers retire.