telecommunications – Benefits Canada.com

Caisse investing in U.S.-based utilities firm, BCI backing acquisition of India-based communications infrastructure provider

bmcgovern — Fri, 20 Sep 2024 19:00:21 +0000

The Caisse de dépôt et placement du Québec is buying a 30 per cent indirect stake in the Ohio subsidiary of energy firm AES Corp. for nearly US$546 million. This is the Caisse’s second investment in the utilities company, after first investing in AES Indiana. The investment doesn’t grant the Caisse with a change in […]

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CPPIB investing in U.S., Italian telecommunications operators

bmcgovern — Fri, 08 Mar 2024 20:00:30 +0000

The Canada Pension Plan Investment Board is joining an investment group acquiring Italian telecommunications provider NetCo. The investment organization will acquire a 17.5 per cent stake of the company for up to $2.9 billion. The deal, which also includes Kohlberg Kravis Roberts and Co. (a subsidiary of the Abu Dhabi Investment Authority), Italian infrastructure fund F2i […]

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Three Canadian pension funds’ investments among the biggest mergers, acquisitions deals in Q4 2023: report

bmcgovern — Thu, 01 Feb 2024 16:00:29 +0000

A joint venture that saw the Canada Pension Plan Investment Board and Blackstone Inc. acquire a 20 per cent stake in a senior mortgage loan portfolio from the failed Signature Bank for US$1.2 billion was the biggest mergers and acquisitions transaction in the fourth quarter of 2023, according to a report by S&P Global Market Intelligence. […]

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Caisse invests in Quebec-based telecommunications firm, AIMCo backs Asian green energy fund

bmcgovern — Thu, 14 Dec 2023 16:00:09 +0000

The Caisse de dépôt et placement du Québec is investing in telecommunications provider Cogeco Communications Inc. The investment organization will now hold $350 million worth of capital in the Quebec-based firm after purchasing a block of shares owned by Rogers Communications Inc. Cogeco Communications provides internet, video and telephone services in Quebec, Ontario and 13 […]

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AIMCo, CPPIB reinvesting in telecom network; CPPIB expanding share in U.K. mall

Gideon Scanlon — Tue, 02 Aug 2022 16:00:05 +0000

The Alberta Investment Management Corp. and the Canada Pension Plan Investment Board are reinvesting in a telecommunications infrastructure provider to support its acquisition of a U.S. digital network provider. BAI Communications Inc., a Toronto-based internet and telephone network service provider, is acquiring ZenFi Networks Inc, a New York-based digital infrastructure provider specializing in roaming services […]

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Survey finds 67% of U.S. employees believe a four-day workweek would alleviate burnout

lbailey — Mon, 02 May 2022 13:00:17 +0000

More than two-thirds (67 per cent) of U.S. employees believe a four-day workweek would alleviate their burnout, according to a survey by Eagle Hill Consulting Ltd. The survey, which polled more than 1,000 employees, found nearly half (49 per cent) said they’re feeling burnt out, with younger workers (53 per cent) and women (52 per cent) feeling […]

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North American stock markets set record highs after China cuts tariffs in half

mschmit — Fri, 07 Feb 2020 03:20:10 +0000

North American stock markets marched to record highs Thursday on dissipating virus risks and China saying it would cut tariffs on U.S. imports in half. After two risk-on days, investors have sunk more money into defensive sectors such as telecommunications, consumer staples, real estate investment trusts, gold and utilities in both Canada and the U.S. […]

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