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The Daily Chase: U.S. futures slip; ex-Bridging CEO closed account amid probe, OSC says

The Daily Chase: U.S. futures slip; ex-Bridging CEO closed account amid probe, OSC says
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Futures are pointing to a weak open as stocks wobble at the start of this new trading week. While last week brought three different measures of inflation in the United States, this one is decidedly lighter on obvious catalysts. Though investors will get more details on the U.S. Federal Reserveâs thinking on Wednesday with the release of minutes from the central bankâs last policy meeting. And this morning we can expect to hear more talk on transitory trends with a speech from Fed Vice-Chair Richard Clarida shortly after 10 a.m. ET. ....

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Quebec businessman Pierre Karl Peladeau no longer interested in buying Transat AT

MONTREAL — Transat A.T. says negotiations about a takeover offer from Pierre Karl Peladeau ended Thursday, while the Quebec businessman says that he was no longer interested in acquiring the tour . . . ....

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Talks between Transat and Peladeau conclude

MONTREAL - Transat A.T. says negotiations about a takeover offer from Pierre Karl Peladeau ended Thu. ....

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Quebec businessman Pierre Karl Peladeau no longer interested in buying Transat AT - Business News

Quebec businessman Pierre Karl Peladeau no longer interested in buying Transat AT - Business News
castanet.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from castanet.net Daily Mail and Mail on Sunday newspapers.

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Bid to take Dorel private abandoned by Cerberus, controlling shareholders

The Globe and Mail
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Private equity giant Cerberus Capital Management and the founders of Dorel Industries Inc. have pulled the plug on their effort to take the Canadian consumer products company private following what appears to be insurmountable opposition to the proposal from shareholders.
The outcome thrusts the spotlight back onto Dorel chief executive Martin Schwartz and other founders, who now face increased investor expectations to build on COVID-19 sales gains and bring the company’s three different business lines back to steady profit growth. It also raises questions about whether Mr. Schwartz and his family, who control Dorel through multivoting shares, still harbour a desire to pursue a similar transac ....

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