lyash01/iStock via Getty Images Cleveland-Cliffs (NYSE:CLF) -5.7% pre-market Monday after saying it agreed to acquire Canadian steel producer Stelco Holdings (OTCPK:STZHF) in a stock-and-cash deal valued at ~$2.5B. Under the deal terms, Cleveland-Cliffs (CLF) will pay C$70/share, consisting of C$60/share in cash plus 0.454 common shares for each Stelco (OTCPK:STZHF)Continue Reading
dan_prat Canadian oil producer Strathcona Resources (OTCPK:STHRF) said late Wednesday it is partnering with Canada Growth Fund to build as much as C$2B in carbon capture and sequestration infrastructure in Saskatchewan and Alberta provinces. Strathcona (OTCPK:STHRF) and CGF will each spend up to C$1B (~US$734M) to fund the project, includingContinue Reading
ijeab/iStock via Getty Images IGM Financial (OTCPK:IGIFF) (TSX:IGM:CA) said on Friday that the Canadian asset manager’s outflows increased in June on the back of the country’s recent tax policy changes. “IGM Financial experienced heightened investment fund gross sales, redemptions and heightened positive other net flows due to clients strategically triggeringContinue Reading
