+ May 9; All Star Weekend (May 9-11), Celebrity Golf Tournament, Springbank Links info/register – support Big Brothers Big Sisters and Burris Foundation
+ June 12; IFMA Calgary’s 21st Annual Golf Classic, Lynx Ridge, Calgary – save the date
+ June 21; 10th Annual Local 496 Plumbers & Pipefitters Charity Golf Classic, in support of Fresh Start Recovery Centre; McKenzie Meadows – register/sponsorships
+ Aug 18; Special Olympics Calgary Golf Classic, Country Hills Golf & Country Club – save the date
+ Calgary’s $295 million airport tunnel is set to open May 25; city negotiating with Airport Authority for further connections/interchanges. Airport Authority offering land and $20 million on the basis the city provides the $50 million more it will take . . .
+ Tandem Health Partners named as proponent for North Island Hospitals Project in BC
+ Infrastructure Ontario and Hamilton Health Sciences signed a contract with PCL Partnerships (design, build and finance) for the McMaster Children’s Health Centre in Hamilton
INTERESTING REAL ESTATE NEWS OTHER PLACES
+ WPT Industrial REIT closed its acquisition of 300,000 sq. ft. distribution facility in Hebron, Kentucky for US$13.3 million
+ Avison Young launched its European presence with acquisition of NAI affiliate Haywards LLP; offices in London and ThamesValley
+ Holloway Lodging Corp. closed the sale of its Holiday Inn Express in Kamloops for $8.9 million
+ Temple Hotels Inc. closed its acquisition of the Hotel Saskatchewan in Regina for $32.8 million
+ Blackstone Group LP negotiating sale of six Boston area office properties for US$2.5 billion
TODAY'S HEADLINES
Lafarge merger | Newalta sell-off | Quebec Liberal landslide tosses PQ | Alan Hallman interview | recent appointments + new financings >>>>
NEWS TODAY April 8 / 2014
+ Canada Capital Energy Corporation formed a partnership with Hony Capital Management Ltd. – $500 million JV fund will pursue assets in western Canada
+ Ken Hughes resigned from Alberta cabinet to seek PC leadership; first out of the gate, conspicuously silent Jim Prentice is expected by many to enter race – summer BBQ/politics season ahead. McIver, Mandel, Nenshi … everybody has a name they like but nobody seems to have a sense that anyone other than Prentice could unite the right … tic toc
+ Lafarge SA and Holcim Ltd., the world’s largest cement companies, agreed to merge; subject to anti-trust review in 15 countries – to be known as LafargeHolcim – deal to close in 2015
+ Newalta Corp. engaged advisors to sell its industrial division
+ Quebec citizens went to the polls in a provincial election; big winners – the Liberals, led by Philippe Couillard, now the Premier Elect, will have a majority government
PAST WEEK NEWS REVIEW Apr. 1-7
+ Alberta Energy Regulator completed its transition to a single regulator
+ Alberta lands sale generated $29.08 million
+ Antelope Oil Tool & Manufacturing Co. LLC closed its acquisition of CTE Industries Ltd.
+ Antrim Energy Inc. go shareholder approval to sell its UK subsidiary to First Oil Expro Limited
+ Apache Corporation agreed to sell deep basin oil & gas assets in western Alberta and BC for US$374 million
+ Bellatrix Exploration Ltd. commissions its Blaze pipeline – 55 km tie-in to Blaze Energy Ltd. gas plant
+ Blackbird Energy Inc. and Pennant Energy Inc. shareholders approved their merger; to operated as Blackbird Energy Inc.
+ Burstall Winger LP changed its name to Burstall Winger Zammit LLP
+ Canadian Natural Resources Limited was disclosed as the buyer last week of US$374 million in natural gas assets sold by Apache Corporation
+ Cenovus Energy pre-paid its portion – US$1.35 billion, for its 50% contribution in WRB Refining LP
+ Encana Oil & Gas (USA) Inc. agreed to sell its Jonah Field operations to TPG capital for US$1.8 billion
+ Finance Minister Joe Oliver, in his maiden speech, promised tax cuts for families once the budget it balanced; … gee, didn’t Flaherty just balance it?
+ Hy’s Steakhouse (founded in Calgary in 1956) plan to re-open in Calgary after a 9 year absence; location to be in The Core shopping/office complex
FACILITYCalgarynewsletters may not be reproduced, distributed, transmitted, displayed, published or broadcast, directly or indirectly, in any medium without prior written permission. Mark Kolke, Editor/Publisher. All rights reserved. MaxComm Communications.
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