Category : Search result: utility takeover


BHP Ends Anglo American Takeover Bid

BHP Group has abandoned its renewed takeover attempt for Anglo American, choosing to focus on its existing portfolio after the rival miner rejected the bid in favour of its planned tie-up with Canada's Teck Resources.

NB Power cuts senior's power with no explanation

Theresa Beaudin endured 9 days without electricity after NB Power disconnected her power without warning or explanation. Read her shocking story and learn about utility accountability.

Plantro bids $384M to acquire Dye & Durham

Investment firm Plantro proposes $384 million acquisition of legal tech company Dye & Durham, offering more than double the current share price amid company's financial challenges.

Cenovus finalizes MEG Energy takeover deal

Cenovus Energy has officially completed its acquisition of MEG Energy, marking the end of a lengthy takeover process. The deal strengthens Canada's energy sector consolidation.

Hydro-Québec restores power after snowstorm

Hydro-Québec has successfully restored electricity to most customers affected by this week's snowstorm. Crews worked around the clock to repair damage across Quebec.

Pfizer wins $10B obesity drug takeover battle

Pfizer triumphs in dramatic $10 billion bidding war for obesity drug maker Metsera, securing crucial White House-backed deal to compete in weight-loss market. Read the full story.

TransAlta Posts Q3 Loss, Shares Drop 13%

Calgary-based TransAlta reports surprising Q3 loss of $8 million, sending shares tumbling over 13% as lower power prices and unfavourable hedging contracts squeeze profitability.

MEG Energy Shareholders Approve Cenovus Takeover Deal

MEG Energy shareholders overwhelmingly approve Cenovus Energy's acquisition offer, creating a stronger combined entity in Alberta's oil sands sector with enhanced operational efficiency and financial stability.

BC Hydro Site C Dam: What Went Wrong Exposed

An in-depth investigation reveals how BC Hydro's Site C dam project spiraled into a multi-billion dollar crisis. Discover the management failures, construction disasters, and political pressures that plagued Canada's largest public infrastructure project.

Metro Vancouver fees hit $897 per home in 2025

Metro Vancouver residents will see regional utility fees jump to $897 per average home next year as the board approves significant increases for water, sewer, and other essential services.

Parex Resources Proposes GeoPark Acquisition

Canadian energy company Parex Resources announces strategic proposal to acquire GeoPark while revealing substantial 11.8% ownership stake, signaling major consolidation in Latin American oil and gas markets.

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