The company cited production cuts for the oil industry mandated by the Alberta government.
The firm will obtain a listing on the TSX Venture Exchange through a reverse takeover of Phoenix Canada Oil Company Ltd.
Argues that CanniMed is Newstrike’s “last lifeline” and a significant portion of its capacity is unfunded.
Friendly deal is worth $6.6 billion.
COS maintains the hostile takeover bid is too low.
Agreement is tied to the $107-billion takeover of SABMiller by Anheuser-Busch InBev.
Competition watchdog ordered the sale of the plant as a condition for approval of Vicwest’s takeover by the Kingspan Group.
CITIC Securities and China Shenghai Investment Management have neither admitted nor denied the allegations.
The friendly, $495 million stock-based takeover of Renegade will form a new company named Spartan Energy Corp.
Nexen’s existing assets and CNOOC’s North and Central American operations will be headquartered in Calgary.
Troubled aerospace manufacturer fails to find qualifying bidder in take over efforts.
The only two people in Canada that could help victims of CAT’s foul play do nothing.
One of Canada’s last remaining publicly traded steel companies has been acquired by U.S. steelmaker.