U.S. investors shaking up Canada

Article Abstract:

Thomas H. Lee's investment in Cott Corp. worth $110 million brings the company to the increasing number of US investors in Canada. Cott is a softdrink manufacturer whose share prices have been inactive since 1994. Thomas H. Lee, a leverage buyout company, has already appointed a new management staff for Cott that is set to be headed by a new president and CEO, Frank Weise. Weise stated that he intends to implement a new corporate strategy within 100 days that would focus on Cott's return to profitability.

Comment:

Its investment in Cott Corp worth $110 mil brings the company to the increasing number of US investors in Canada

Asset sales & divestitures, Acquisitions & mergers, Canned & Bottled Soft Drinks, Soft Drink Manufacturing, Soft drinks, Cott Beverages Ltd., Article, Thomas H. Lee Co.

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Kassie back on Street with new investment bank firm

Article Abstract:

The way the proposal of controversial dealmaker, David Kassie, regarding a new investment-banking firm, namely, Genuity Capital Markets on Bay Street will be responded in the market is described. The various high-profile Canadian executives associated with Genuity such as Calin Rovinescu, a former executive vice-president of Air Canada and a onetime M&A specialist with law firm Stikeman Elliott are offered a senior executive position.

Management dynamics, Investment Offices, Investment Funds & Trusts, Management, Company business management, Kassie, David

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