Ontario Teachers&#39; Pension Plan buying Alliance Laundry Holdings ...
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TORONTO (CP) - The Ontario Teachers&#39; Pension Plan has struck a $450 million US deal to buy American laundry equipment maker Alliance Laundry Holdings - the Canadian fund&#39;s first acquisition in the United States without a partner.
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Orange County Public Schools (OCPS) selected Education Networks of  America (ENA) for a three-year base contract, with two 1-year renewal  options, to provide high-speed broadband Internet access for their  schools that will help teachers teach and students learn.
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Insurers and fund managers are set to cash in on Asia&#39;s private pension industry, which is expected to grow nearly four-fold in 10 years as the world&#39;s most populous region grows older.
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HALIFAX -- After more than four months on the picket lines, two striking unions have reached a tentative deal with Aliant -- Atlantic Canada&#39;s largest telecommunications company.
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McGuinty was reacting to a Guelph arbitrator&#39;s ruling that a nursing home should pay the premium for its unionized workers. But McGuinty says an earlier ruling involving regional carrier Air Canada Jazz found employees had to pay the premium.
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Osprey, an investment group including  Canadian, Australian and British firms, said on Monday it was  making a 2.2-billion-pound ($4.1 billion) offer for water firm  AWG .
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One of Canada's largest pension funds  said on Tuesday it will vote in favor of the proposed merger of  Canada's Molson Inc. MOLa.TO  and Adolph Coors Co. RKY.N of  the United States, making it the first major shareholder to  publicly back the deal between the two brewers.
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BCE Inc, Canada's largest telecommunications group, on Saturday accepted a C$51.7 billion ($48.5 billion) offer from a group including the Ontario Teachers Pension Plan, and said it would be the largest buyout in Canadian corporate history.
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A Canadian steel maker, Ipsco, said it was buying the NS Group, a maker of steel pipes and tubes used in oil fields, for about $1.46 billion. The deal will be used to broaden IpscoÂs sales to the energy industry, the chief executive, David Sutherland, said. ÂThis is a transaction thatÂs all about growth, and if anything, what we will see over the next three years is a growth in the output of all of their facilities, as well as the continuing demand on our own,Â Mr. Sutherland said in a conference call. Ipsco agreed to pay $66 a share for the NS Group, which was a 43 percent premium to its closing price on Friday. After the transaction is complete, the new company is expected to have combined annual revenue of more than $4 billion. Ipsco, which is based in Regina, Saskatchewan, and has executive offices in Leslie, Ill., operates three steel mills and six pipe mills in the United States and Canada. The NS Group is based in Newport, Ky.
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The health agreement reached between Ottawa and the provinces is a curious document. On the one hand, it puts Ottawa back in the game by committing the federal government to ratchet up its share of medicare funding.
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The bidding may not be over for the parent of Bell Canada, which over the weekend agreed to a buyout offer of $35.1 billion from a consortium led by the Ontario Teachers Pension Plan Board in the biggest Canadian takeover ever.
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Brookfield Asset Management of Toronto said it would buy Longview Fibre, a specialty paper and packaging company, for $1.6 billion. Longview has a pulp and paper mill in Longview, Wash., and 15 corrugated-container plants, but its chief asset for Brookfield appears to be its 588,000 acres of woodlands in Washington and Oregon. They will join other timberlands owned by Brookfield, including 635,000 acres in British Columbia it bought from Weyerhaeuser in 2005. As part of the Longview deal, Brookfield will also assume about $550,000 in debt. Longview put itself up for sale in 2006 after rejecting a $1.33 billion bid from two private equity firms.
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ABC Learning Centres Ltd., Australia&#39;s biggest day-care operator, plans to spend A$380 million ($264 million) buying rivals to cut costs and lift its share of the nation&#39;s market to a fifth.
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Â· Rose also promised Â£4.5m in shares if targets are met  Â· Shopworkers in line for payouts of Â£500 each
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It&#39;s hard to believe that there was a time when the Ontario government could gamble on getting the money it needed from the tax base.
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The Toronto-Dominion Bank confirmed on Wednesday that it was negotiating to buy all or part of the Banknorth Group, which has branches in five New England states and upstate New York.
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The majority CGT labour union at Perrier said it has agreed to accept an early retirement programme proposed by Nestle Waters management, which had threatened to dispose of the famed water brand in a high-profile clash.