Telemedia to buy Okanagan to expand in Western Canada

Article Abstract:

Telemedia Communications Inc of Montreal, Quebec, is buying Okanagan Skeena Group, the biggest regional media firm in Western Canada, for C$92.7 million, or C$9 per common sahre. The acquisition will bring another 45 radio, cable TV and broadcast properties into Telemedia's broadcast portfolio, which consists of 27 radio stations mainly in Ontario and Quebec. The agreement includes a C$3.5 million breakup fee in case Okanagan finds another suitor.

Asset sales & divestitures, Radio and Television Broadcasting, Radio & TV Broadcasting, Okanagan Skeena Group

---

CPP bets on U.K. water utility

Article Abstract:

Plans of the Canada Pension Plan to acquire British water utility AWG PLC, as part of its investment in infrastructure, are discussed.

Water Supply and Irrigation Systems, Water supply, Water Utilities, United Kingdom, Canada. Pension Plan, AWG PLC

---

U.S. giant Weyerhaeuser grabs Domtar

Article Abstract:

Details of Weyerhaeuser Co.'s acquisition of Domtar Inc., for $3.3 billion, are presented.

United States, Paper Industry Machinery Manufacturing, Paper mills, Paper Industry Machinery, Paper industry, Domtar Inc., Weyerhaeuser Co., DTC

Similar abstracts:

• Abstracts: Simplified pricing expanded by Air Canada. Strong dollar buoys holiday bookings. Toronto airport landing fees to rise 6.9%
• Abstracts: British investor shakes up management of Lytton. Canadian accounts tied to brokers in U.S. stock scheme. Great Canadian's president folds his cards
• Abstracts: Virgin Mobile set to ring up Canada. Why talk's not cheap
• Abstracts: BioChem wins round to expand way drug used. Laser vision surgery staging comeback. Dissident shareholders launch Wex proxy battle
• Abstracts: Using evidence-based educational strategies to increase knowledge and skills in tobacco cessation

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.