Curaleaf Holdings Inc will buy fellow U.S. cannabis cultivator and retailer GR Companies Inc (Grassroots) in an $875 million cash-and-stock deal, expanding its reach when more U.S. states are expected to legalize recreational use of marijuana.
Callon Petroleum Co said on Monday it would buy Carrizo Oil & Gas Inc for $1.2 billion in stock, the latest in a string of acquisitions as energy companies scale up to boost cash flow and quell investor criticism over lack of returns.
July 10 Canada's Hudbay Minerals Inc
said on Wednesday that Chief Executive Officer Alan Hair has
stepped down after more than 20 years with the company and named
Peter Kukielski, who was backed by its second largest investor
in a proxy battle, as interim CEO.
CannTrust Holdings Inc's shares plunged about 23% to a more than one-and-half-year low on Monday, after Health Canada found the weed producer grew cannabis in unlicensed rooms, and then restricted the company from clearing its inventory.
* Canopy shares reverse course after falling about 5%
(Adds analysts' comments, details on Linton's 2018
Bombardier Inc said it will sell its money-losing regional jet business to Japan's Mitsubishi Heavy Industries Ltd (MHI) for $550 million in cash, in a deal marking the Canadian plane and train maker's exit from commercial aviation.
Oilfield services provider Keane Group Inc will merge with rival C&J Energy Services in a $746 million deal, giving the companies the much-needed pricing heft in an industry grappling with budget cuts by crude producers.
Canadian discount retailer Dollarama Inc beat quarterly revenue estimates and raised its full-year comparable sales forecast on Thursday, as the company held back on aggressive price hikes, sending its shares surging 10%.