Chinese bank raises more than $7bn with record convertible bond
Shanghai Pudong deal draws more than $1tn of orders as issuance of equity-linked instruments surges A Chinese bank has placed a record convertible bond, raising more than $7bn in an…
Louis Vuitton owner LVMH woos Tiffany to tap fast-growing jewelry market with what source says could be a $14.5 billion deal
PARIS — LVMH has offered to buy Tiffany & Co, known for its engagement rings and ties to Hollywood glamour, as the owner of Louis Vuitton and Bulgari seeks to…
‘Time is right’ for Canadian equity mutual funds to come home
The diversification of Canadian mutual funds from the domestic equity market has been a winning strategy for the past decade. But now, it’s time to come home. That’s the message…
PSP Investment and ATRF to take AltaGas Canada private for $1.7B
Public Sector Pension Investment Board (PSP Investments) and the Alberta Teachers’ Retirement Fund Board (ATRF) have entered into a definitivethe arrangement agreement to acquire all of the issued and outstanding…
NEO Introduces DealSquare to Disrupt Canadian Private Markets for the Better
Launch of Canada’s first B2B centralized digital platform for private placements TORONTO — NEO is pleased to introduce DealSquare, Canada’s first centralized platform to simplify private placements in Canada, by digitally…
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New rules for employee stock option deductions likely to move forward
Tax experts expect Justin Trudeau’s minority Liberal government to proceed with new rules governing employee stock option deductions that were introduced in the 2019 federal budget. The plan to impose…
Hudson’s Bay Co. board agrees to take over bid
The Hudson's Bay Co. board agreed Monday to a sweetened privatization offer that values the retailer at about $1.9 billion, but the deal will require support from minority shareholders if…
Canadian Securities Regulators announce a review of Automatic Securities Disposition Plans
MONTREAL and TORONTO, Oct. 24, 2019,/CNW Telbec/ - The Canadian Securities Administrators (CSA) today announced that it is undertaking a review of Automatic Securities Disposition Plans (ASDPs). ASDPs enable insiders to make preplanned sales…
B.C. strengthens enforcement, fine collection with changes to the B.C. Securities Act
The B.C. government introduced legislative changes Monday to improve the B.C. Securities Commission’s ability to collect penalties and to improve enforcement of white-collar investment offenses. Among key amendments to the…
The National Systems Renewal Program has a new name: SEDAR+
SEDAR+ is the CSA’s national system for electronic data analysis and retrieval, formerly referred to as “The Renewed System.” The CSA is building on a name that has a long…