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Brookfield nearing deal for Johnson Controls auto-battery business: sourcesThe business could fetch more than US$12 billion, people familiar with the matter said in July
Source: nationalpost - 🏆 10. / 80 Read more »
Brookfield, Caisse buying Johnson Controls power business in $13-billion dealJohnson Controls expects to deploy $3-billion to $3.5-billion of proceeds towards debt paydown
Source: globeandmail - 🏆 5. / 92 Read more »
Rent controls or not, Toronto developers see business case for more leased unitsEven before the Ontario government’s repeal, Toronto developers saw the low rental vacancy rate as an important sign of demand
Source: globeandmail - 🏆 5. / 92 Read more »
'The old school way': Movie rental store near Edmonton still in businessThe movie-viewing experience has changed, but movie rental store ‘Movie World’ -- located west of Edmonton -- is still managing to survive in the digital age because of its rural location and unique selection of films. Got one in BellevilleON too Not news. There are tons of them still in existence. Not everyone lives in the biggest cities, has truly high speed internet, or wants to exceed bandwidth simply because they love watching movies. In mavy smaller comities and towns these stores thrive. Discs are far from dead yet 'In other news...sliced bread is still a thing. More at 11'
Source: CTVNews - 🏆 1. / 99 Read more »
ABB discussing potential sale of power grid business with HitachiABB, which also makes industrial robots, wants to off-load its least profitable division, allowing it to focus on areas such as automation
Source: globeandmail - 🏆 5. / 92 Read more »
GE brings back former executive John Rice to help revive ailing power businessThe changes mark another step in new GE Chief Executive Officer Larry Culp urgent effort to reduce heavy debt and restore profits at the 126-year-old, Boston-based conglomerate
Source: globeandmail - 🏆 5. / 92 Read more »