Deutsche Borse confirmed that it is in talks with London Stock Exchange regarding a potential merger. The parties remain hopeful that a possible merger transaction will take place.
Toronto Stock Exchange
The ongoing talks between Airbus and Bombardier have ended incomplete as the former called off discussions soon after they became public.
Dividend stocks are investors favourite during the economic uncertainty. Dividends signal a strong performance by the company and it also allows investors to make some return on investment during the tough time.
Struggling Sears Holdings Corp (SHLD.O) said it would raise up to $380 million by selling most of its stake in Sears Canada Inc (SCC.TO) through a rights issue, generating much-needed cash ahead of the crucial holiday shopping season.
The Trendlines Group Ltd. ("Trendlines" or the "Company") has filed a final prospectus with the securities regulatory authorities in Ontario, British Columbia, Alberta, Saskatchewan, Manitoba and Nova Scotia in connection with the initial public offering (the "Offering") of its ordinary shares. A copy of the final prospectus is available on the SEDAR website at www.sedar.com.
All Group Financial Services Inc. ("All Group") advises that it has been appointed by Oando PLC, a control block holder of Oando Energy Resources Inc. ("OER" or the "Company") (TSX:OER), to facilitate the sale of up to 60,000,000 common shares of OER. The sale will be made through the facilities of the Toronto Stock Exchange. For more information, please call Mr. James Moon, Managing Director Investment Banking at 416-613-1530.
US-based hedge fund Golden Tree Asset Management LP increased its stake in English-language daily newspaper publisher Postmedia Network Canada to 39% in a deal valued at $1.6 million.
Valeant Pharmaceuticals and energy sector boost TSX
Colin Benner, founding board member of Dalradian, resigned from the company's board on Thursday.
The takeover of Canadian stock market operator TMX Group by a group of financial institutions has been approved by TMX's shareholders.
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