Financial Services and Real Estate Headlines

UPDATE 3-Finnish power grid company Elenia sold to Allianz, Macquarie

Goldman Sachs Infrastructure Partners, London-listed 3i Infrastructure and Finnish pensions insurance company Ilmarinen are selling Finnish power grid company Elenia Oy to Allianz Capital Partners , Australian infrastructure investor Macquarie and the State Pension Fund of Finland.

Canada tweaks business tax reform amid backlash

Canada unveiled simplified measures to close loopholes for those who use private corporations to reduce taxes, backing down on one part of a reform that had sparked a backlash against the finance minister and spurred questions about his own business dealings.