mergers and acquisitions
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Sobeys selling former Safeway dairy operation for $356M
Quebec-based dairy co-op Agropur buying milk, yogurt and ice cream manufacturing operations from Sobeys
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Lassonde buys N.Y.-based juice maker in US$150M deal
Lassonde’s acquisition of Apple & Eve marks company’s entrance into U.S. branded juice market
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Tyson Foods to buy Hillshire for US$7.75B after Pinnacle scraps sale
Company agreed to buy Pinnacle for US$4.23 billion before Tyson made takeover offer for Hillshire
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PPG buying Comex for US$2.3B, boosting Latin American presence
Pittsburgh-based PPG looking to bolster architectural coatings presence in Mexico, Central America
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Encana selling northern Alberta natural gas assets for $2B
Sale of Bighorn natural gas assets comes as Encana looks to streamline operations, refocus on oil production
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Alcoa buying jet engine components maker Firth Rixson in US$2.85B deal
Deal will see Alcoa pay US$2.35 billion in cash, US$500 million in stock to Oak Hill Capital Partners
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SNC-Lavalin buys U.K.-based oil and gas services firm for $2.1B
Deal will push SNC-Lavalin’s revenue share from oil and gas operations to approximately 24 per cent
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GE finalizes US$17B deal for Alstom’s energy unit after France relents, supports sale
Sale of Alstom’s energy business comes after weeks of government opposition to American firm’s bid
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Siemens, Mitsubishi sweeten combined bid for France’s Alstom
Alstom set to decide early next week between offers from GE, Siemens-Mitsubishi duo
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Gildan enters women’s hosiery business with $110M acquisition
Montreal-based Gildan said deal for Doris should help expand sales of its own products in Canada, U.S.
