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John Tilak

RPT-DEALTALK-Cultural clash overshadowing Barrick's Newmont bid

04 Mar 2019

March 1 Conflicting cultures and management styles are overshadowing Barrick Gold Corp's $18 billion bid for rival Newmont Mining Corp, becoming factors just as important to the deal's success as whether or not the pair's lucrative assets in Nevada and elsewhere fit well together.

Cultural clash overshadowing Barrick's Newmont bid

01 Mar 2019

Conflicting cultures and management styles are overshadowing Barrick Gold Corp's $18 billion bid for rival Newmont Mining Corp, becoming factors just as important to the deal's success as whether or not the pair's lucrative assets in Nevada and elsewhere fit well together.

Buffett's Suncor bet to revive investor interest in Canadian energy

20 Feb 2019

TORONTO Berkshire Hathaway Inc's re-investment in Suncor Energy Inc highlights the benefits of being an integrated oil company and could revive investor interest in the languishing Canadian energy sector, fund managers said.

Ontario securities regulator looking into digital platform Quadriga

08 Feb 2019

TORONTO Canada's biggest securities regulator said on Friday that it was looking into Quadriga CX, as concerns grow that a regulatory gap leaves investors in the digital platform unprotected against potential losses.

Gold mines on market after mergers should interest mid-tier miners

31 Jan 2019

TORONTOMid-tier miners such as Kinross Gold, Iamgold and Agnico Eagle Mines, seeking to bolster production, would likely bid for mines to be sold following two recent gold mega-mergers, investors and bankers said.

Despite 60 percent support, Canada's Husky scrapped MEG oil merger

23 Jan 2019

TORONTO/WINNIPEG, Manitoba When the final numbers were tallied late last Wednesday for Husky Energy's hostile bid for rival Canadian oil producer MEG Energy, Husky's top executives learned they had the support of nearly 60 percent of MEG shareholders, people familiar with the situation told Reuters.

UPDATE 2-Husky ends bid for MEG Energy after failing to win shareholder support

17 Jan 2019

Jan 17 Husky Energy Inc said on Thursday it will not extend its hostile bid for MEG Energy after failing to get sufficient support from the rival oil producer's board and shareholders.

Husky Energy to receive majority support in MEG takeover bid -sources

16 Jan 2019

Jan 16 Husky Energy Inc expects to secure over 50 percent support from MEG Energy shareholders for Husky's unsolicited offer to take over the rival oil producer by Wednesday's deadline, people familiar with the situation told Reuters.

MOVES-Citigroup names new head of Canada energy banking -memo

13 Jan 2019

NEW YORK/TORONTO, Jan 13 Citigroup Inc has hired Greg Saksida from TD Securities to head energy investment banking in Canada, according to an internal memo seen by Reuters on Sunday.

Canadian M&A seen rising after hitting 12-year high in 2018

04 Jan 2019

TORONTO Canadian merger-and-acquisition activity is expected to strengthen in 2019 as a slump in oil prices could fuel consolidation among energy companies and cannabis deals gain momentum, M&A advisers said.

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