Mergers and Acquisitions

Hydro One signs US$5.3 billion deal to buy Avista

Ontario's largest power transmitter and distributor says it has signed a friendly deal to acquire U.S. company Avista Corp. for US$5.3 billion (CA$6.7 billion) in an all-cash deal.

Hydro One signs US$5.3 billion deal to buy Avista

Ontario's largest power transmitter and distributor says it has signed a friendly deal to acquire U.S. company Avista Corp. for US$5.3 billion (CA$6.7 billion) in an all-cash deal.

The Latest: British American Tobacco buying Reynolds OKd

The Latest on London-based British American Tobacco's purchase of Reynolds American Inc., the second-largest U.S. cigarette company (all times local): 12:10 p.m. Shareholders of British American Tobacco and Reynolds American Inc. support merging into the world's largest publicly traded tobacco company.

McCormick to buy Reckitt's food unit for $4.2b

McCormick & Co said it would buy the food business of British consumer goods conglomerate Reckitt Benckiser for $4.2 billion to expand its footprint in the attractive condiments category.

McCormick to buy Reckitt's food unit for $4.2b

McCormick & Co said it would buy the food business of British consumer goods conglomerate Reckitt Benckiser for $4.2 billion to expand its footprint in the attractive condiments category.