TORONTO, Dec 10- Bain Capital, the U.S. private equity firm, has bought a majority stake in Canada Goose Inc, a family-owned company which had been seeking an investor to help it meet demand for its high-end cold-weather gear.» Read More
The new rules come after two of Canada's biggest telecom companies- Rogers Communications Inc and Telus Corp- made moves to acquire spectrum owned by smaller operators.
Matthew Toole, Thomson Reuters, and Amanda Levin, Mergermarket editor of the Americas, debate whether to expect a turnaround in dealmaking for the second half of the year.
2013 is likely to see record Asian M&A lending, with more large deals in the market including a US $4 bn loan backing China pork producer Shuanghui International's acquisition of US firm Smithfield Foods and a bridge loan for China Mengniu Dairy's proposed HK $11.4 bn takeover of Yashili International Holdings.
TORONTO, June 26- Verizon Communications Inc has offered to buy Canadian telecom startup Wind Mobile and is in talks to acquire Mobilicity, as it seeks to challenge Canada's three big wireless providers, sources familiar with the deals said on Wednesday.
*Investors pick up battered China- related shares. *SoftBank gains, Sprint shareholders approve takeover deal. TOKYO, April 26- Japan's Nikkei share average rebounded on Wednesday after China's central bank sought to allay fears of a credit crunch, and as robust U.S. data fueled gains on Wall Street overnight.
OVERLAND PARK, Kan., June 25- Shareholders of Sprint Nextel Corp voted on Tuesday in favor of a sweetened takeover offer from SoftBank Corp, ending a contentious takeover battle for the No. 3 U.S. wireless service provider.
June 25- Canadian medical diagnostic services provider LifeLabs Medical Laboratory Services said on Tuesday that it was acquiring rival CML HealthCare Inc in a deal valued at about C $965 million. The deal will bring together LifeLabs and CML's network of laboratory testing services for patients across the province of Ontario.
*Top investors Fosun, Axa raise bid to 17.5 euros/ share. PARIS, June 25- A Chinese investor and a French private equity firm have won over Club Med with an improved 557 million euros takeover bid, seeking to accelerate a shift at the holiday resorts pioneer to fast-growing emerging markets.
*Offer of $21 per Vanguard share is 70 pct premium. June 24- U.S. hospital operator Tenet Healthcare Corp said on Monday it will buy smaller rival Vanguard Health Systems Inc for about $1.73 billion, putting it in a better position to benefit from the expected millions of Americans about to get insurance under President Barack Obama's healthcare reform.
*Analysts estimate business worth more than $2 billion. MELBOURNE/ LONDON, June 24- Rio Tinto Ltd has scrapped the proposed sale of its $1.3 billion diamonds business, denting its plan to divest mines as it tightens operations during an industry downturn.
NEW YORK, June 24- Tenet Healthcare joined the high-yield pipeline of M&A deals on Monday, announcing plans to acquire smaller rival Vanguard Health Systems for USD4.3bn, including the assumption of USD2.5bn of debt.
June 24- Hard drive maker Western Digital Corp will buy troubled Stec Inc to become one of the top players in the high-growth solid-state drive industry that has flourished despite high prices of the storage devices.
*Diamonds sale pulled after 15 months. MELBOURNE, June 24- Rio Tinto Ltd has scrapped the proposed sale of its $1.3 billion diamonds business, a setback for its plan to sell a swag of mines and company stakes to tighten operations during a global industry downturn.
SHANGHAI, June 22- China's Sinopec Group has agreed to buy Marathon Oil Corp's Angolan offshore oil and gas field for $1.52 billion, Asia's largest refiner producer said. Sonangal Sinopec International Ltd, the group's subsidiary, will acquire Houston- based Marathon's 10 percent stake on the Angolan field called Block 31, it said in a statement late on Friday.
SHANGHAI, June 22- China National Petroleum Corp has agreed to buy Marathon Oil Corp's Angolan offshore oil and gas field for $1.52 billion, the country's top oil and gas producer said, marking its second major acquisition in Africa.
TOKYO, June 22- Japan's Mitsubishi UFJ Financial Group is in advanced talks to acquire a majority stake in Bank of Ayudhya Pcl, Thailand's fifth-largest lender, in a deal worth over $4 billion, sources familiar with the matter said on Saturday, marking a major turn in the protracted negotiation complicated by Thai regulations.
Chinese billionaire Wang Jianlin liked his new yacht so much, he bought the company, reports CNBC's Robert Frank. Jianlin is paying $495 million for Sunseeker International.
TORONTO, June 21- Sun Life Financial Inc on Friday warned of a likely delay in the sale of its U.S. annuity business because the New York Department of Financial Services has yet to approve the deal.
Softbank CEO Masayoshi Son has pledged that his company will eventually become the world¿s biggest company by making its way into the US market. Speaking at today¿s shareholder¿s meeting he said the acquisition of Sprint will be completed in early July. The Nikkei's Sachiko Kishida has more.
PARMA, Italy, June 19- A court-appointed commissioner has recommended Italian dairy group Parmalat cut the price it paid to its parent company Lactalis to acquire its North American cheesemaking division by $151 million, a move that will please minority shareholders.