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Catalyst Capital Group denied legal standing in challenge of Corus-Shaw deal

2016-03-08 01:57:10| Telecom - Topix.net

The Ontario Securities Commission ruled Monday that a minority shareholder in Corus Entertainment does not have the legal standing to challenge information the Calgary-based firm disclosed about its proposed $2.65-billion acquisition of Shaw Media. Catalyst Capital Group, which has been staunchly critical of the Corus-Shaw deal, had wanted the vote to be postponed in order to allow enough time for a review.

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VW announced cheating on emissions in hopes of striking deal, may miss March 24 deadline

2016-03-07 22:34:00| Extremetech

Volkswagen admitted in German court today that it came clean about its emissions cheating in the hopes of convincing the EPA to limit its exposure to damages. The company expects no quick resolution to its US emissions problem, despite a looming deadline from US courts.

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Exelon, Pepco offer new proposal to get $6.8B deal approved

2016-03-07 22:28:59| Energy - Topix.net

Exelon, in an effort to get its $6.8 billion buyout of Pepco approved, offered a new proposal Monday that it hopes will win the last regulator's support. The District of Columbia Public Service Commission is the last regulator needed to clinch the deal.

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Vancouver, CP Rail expected to announce deal on Arbutus Corridor

2016-03-07 19:52:32| Railroads - Topix.net

The City of Vancouver and Canadian Pacific Railway appear to have reached a deal over the future of the Arbutus Corridor. Mayor Gregor Robertson and the president of the Canadian Pacific Railway are set to meet early Monday to make the announcement.

Tags: expected deal vancouver announce

 

The multimillion dollar palm oil deal we should all be worried about

2016-03-07 10:12:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: Its a multimillion dollar tie-up that youve heard little about, but could have major implications for the drive towards a more responsible palm oil sector. After several weeks of speculation, it is expected that Malaysian state-owned commodities company Felda is about to conclude negotiations on the acquisition of a 37% stake in palm oil company PT Eagle High Plantations. This follows an aborted $680m deal late last year, the collapse of which was put down to heavy criticism from investors...

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