Tags: Canada

Buffett to help finance Burger King's acquisition of Tim Hortons

Berkshire Hathaway Inc (BRKa.N) chairman and CEO, Warren Buffett, is helping finance Burger King Worldwide Inc's (BKW.N) take over of Canadian chain Tim Hortons Inc (THI.TO), the Wall Street Journal reported, citing people familiar with the matter.


Chevron seeks up to $1.5 billion for Canadian oil project - sources

Chevron Corp (CVX.N) has been searching for up to $1.5 billion of equity investment to help develop its Duvernay shale formation assets in Canada and contacted potential investors including private equity firms, according to people familiar with the matter.

Burger King in talks to buy Tim Hortons

Burger King (BKW.N) is in talks to combine with Canadian coffee and doughnut chain Tim Hortons Inc (THI.TO), a deal that would create a fast food powerhouse with a combined market capitalization of roughly $18 billion.

Canada relaxes restrictions on mobile devices in flight

Canada, following the lead of the United States and the European Union, on Monday relaxed official restrictions on using mobile devices in flight while maintaining a ban on transmitting information.


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Toronto, Canada-based medical photo and information sharing app Figure 1 released new features yesterday to give doctors ability to create better profiles and allow them to collaborate with other users on different medical cases.
Montreal, Canada-based institutional fund manager La Caisse De Depot Et Placement Du Quebec poured C$42 million into the Parc des Moulins wind far in Quebec as part of its bid to generate long-term returns for its clients.
Canadian real estate investment firm Cannabis Rx reportedly purchased a 9.26-acre property near the Sarasota-Bradenton International Airport in Florida in a $1.2-million deal to turn it into a licensed grow facility or distribution center.
Embattled Canadian smartphone maker BlackBerry has acquired healthcare IT firm NantHealth, reported TechCrunch.
Henry County, US-based golf products maker Dynamic Brands Inc bought Calgary, Canada-based golf cart and accessory maker Riksha Golf Inc for an undisclosed sum to expand its portfolio of products.
Redwood City, US-based remote home monitoring company iControl Networks acquired Ottawa, Canada-based home automation device maker Blacksumac for an undisclosed amount to expand its product portfolio.
Ontario, Canada-based social reading community Wattpad pocketed $48 million in its Series C funding from its existing investors to expand its workforce and develop its product.
Belfast, Ireland-based home-brewing firm Cargo bagged £82,000 in funding from Invest North Ireland (NI) for the development and marketing of its smartphone-controlled beer-making robot Brewbot.
Cupertino, US-based smartphone giant Apple launched its iPhone trade-in program in Germany to allow its customers to purchase a new iPhone at a discounted price when they trade in a qualifying old device.
Barcelona, Spain-based online voting firm Scytl pocketed a $40 million investment from Palo Alto, US-based growth equity fund Vulcan Capital for its research and development as well as strategic acquisitions.
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