+ Chartwell Retirement Residences sold its U.S. business; 5,025 suites – for US$849 million
+ Macerich Company adopted a shareholder rights plan in efforts to fend off US$22.4 billion hostile takeover bid by Simon Property Group; Simon are looking at bumping-up their offer
+ Strategic Group acauired Duncan Centre, a 361,809 sq. ft. shopping centre in Duncan, BC
+ Triple Five Group of Edmonton are planning a $4 billion development in Miami; entertainment centre and monster mall
QUOTES
+ I see music as fluid architecture. – Joni Mitchell
+ When things get really bad, just raise your glass and stamp your feet and do a little jig. That’s about all you can do. – Leonard Cohen
+ Brownstone Energy Inc. agreed to sell some of its Colorado assets to Coachman Energy Partners LLC for US$1,960,000
+ Capital Oil Ltd. is on the market to raise $500,000 in equity
+ Century Downs Racetrack and Casino ownership change; Century Casinos Inc. acquired 75% interest from United Horsemen of Alberta for the facility east of Cross Iron Mills, due to open in 2nd qtr. 2015
+ ConocoPhillips is cutting Canadian workforce by 7%, about 200 staff
+ EPCOR Water Arizona Inc. agreed to acquired Willow Valley Water Company Inc. for $2.5 million
+ European Union tremors as Greek-German summit deals with reality that Greece debt default still looms large … tic toc
+ GASFRAC Energy Services Inc. got CCAA court approval for its disposition of all assets to STEP Energy Services Ltd.
+ Haworth opened a downtown Calgary showroom
+ Horizon North Logistics Inc. adopted a shareholder rights plan
+ Nexen Energy ULC announced it is laying off 350 from its North American workforce; reducing 50 more in the UK
+ Nexen Energy ULC is shutting its oil-trading business unit within 6 months; result will be 100 job losses; not bidding to renew Government of Alberta contract
+ Pacific Future Energy is proposing a $11.4 billion refinery project for the Prince Rupert area to refine Alberta bitumen
+ Pinecrest Energy Inc. got shareholder approval for its arrangement to be acquired by Virginia Hills Oil Corp.
+ Prentice watch: speaking today at World Heavy Oil Congress, announced plan to repeal Bill 45 (public sector anti-strike law), renewed promise to meet World Bank emissions reduction targets by 2020, riding nominations complete, election call still expected after budge and ‘ten year plan’ is revealed
+ Talisman Energy Inc. cutting head office staff/contractors by 150-200 people
+ TeraGo Inc. agreed to acquire RackForce Networks Inc. for $31 million
+ Toro Oil & Gas Ltd. closed its $2.4 million acquisition of Viking area light oil assets
+ TransAlta Renewables Inc. investing $1.78 billion in Australian power generation and gas pipelines
+ U.S. Federal Reserve hinting at interest rate hike … tic toc …
+ Whitecap Resources Inc. agreed to acquire Beaumont Energy Inc. for $587.5 million
FINANCINGS - proposed & closed
+ Canadian Oil Recovery and Remediation Enterprises Ltd. closed $1,783,898 equity financing
+ Cara Operations Ltd. is on the market to raise $200 million in equity by IPO
+ Carlyle Group LP International Energy Fund raised US$2.5 billion
+ Crown Point Energy Inc. closed US$8.5 million tranche of its equity financing
+ Encana Corporation closed $187.5 million overallotment of its recent equity financing
+ First Capital Property Trust is on the market to raise $2.985 million equity financing
+ Hanwei Energy Services Corp. closed $7,282,546 rights offering
+ Inter Pipeline Ltd. is on the market to raise $300 million in sr. unsecured debt
+ Kimco Realty Corp. is on the market to raise US$350 million in debt
+ Marksmen Energy Inc. closed $148,845 tranche of its common share & warrants issue
+ Petromin Resources Ltd. closed $304,000 tranche of its equity financing
+ Potash Corporation of Saskatchewan Inc. is on the market to raise US$500 million in mid-term debt
+ Scotiabank is on the market to raise $1.25 billion in subordinated debt
+ Slate Retail REIT closed $63.6 million in equity financings
+ U.S. Dividend Growers Income Corp. closed $123 million IPO equity raise
+ Whitecap Resources Inc. is on the market to raise $110 million
INFRASTRUCTURE / P3 / GREEN
+ TransAlta Renewables Inc. investing $1.78 billioin in Australian power generation and gas pipelines
this week in REITS
+ John O’Bryan to Trustee @ Slate Office REIT
+ Mario Barrafato to CFO @ CREIT
+ Slate Retail REIT closed $63.6 million in equity financings
