Caisse may take Cambridge private

Article Abstract:

Pension fund Caisse de Depot et Placement du Quebec is planning to take Cambridge Shopping Centres Ltd private if it succeeded in its takeover bid. The pension fund managers is Cambridge's largest shareholder with 43% of the 63 million shares outstading. The stake will be boosted to 84% under its offer to acquire another 25 million shares at C$13.25 each. Cambridge owns 41 shopping centers and has assets of C$3.5 billion.

Land Subdivision and Land Development, Asset sales & divestitures, Acquisitions & mergers, Pension Funds & Benefit Plans, Pension Funds, Shopping Center Developers, Cambridge Shopping Centres Ltd.

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Six firms seeking stricter regulatory reforms

Article Abstract:

Six major Canadian companies, including Alcan Inc. and BCE Inc., have formed an alliance to lobby for new corporate governance regulations. The companies have expressed concern that the financial services sector in Canada is being undermined by poor management practices.

Legal issues & crime, Government regulation (cont), Government regulation, COMMUNICATION, Communications, Broadcasting and Telecommunications, Legal/Government Regulation, Laws, regulations and rules, Telecommunications services industry, Telecommunications industry, Corporate governance, Communications industry, BCE Inc., Alcan Inc.

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