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Joanna Wnuk

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Let's make a deal
Bloomberg is reporting that Canada plans to ask China to approve several transactions in exchange for a green light in Cnooc's $15.1-billion bid for Nexen Inc.

Hedge funds are buying Greece
Restructured Greek debt that went from €200-billion to about €60-billion in March is being picked over by distressed-debt investors, many at U.S. hedge funds.

Target to sell credit card portfolio to TD Bank
Just before Target Corp. opens its first stores in Canada, Toronto-Dominion Bank grabs Target's existing U.S. credit card portfolio in a seven-year deal.

Cerberus may bid on Supervalu
Cerberus Capital Management has been lining up at least $4-billion in financing to support a potential bid for Supervalu, according to the New York Times.

Experian completes Serasa purchase
Experian agreed on Tuesday to buy the remaining stake in the Brazilian credit data provider Serasa that it does not already own for $1.5-billion.

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Tickers mentioned in this story

Study and track financial data on any traded entity: click to open the full quote page. Data updated as of 24/04/24 4:16pm EDT.

SymbolName% changeLast
TD-N
Toronto Dominion Bank
-0.42%58.67
TD-T
Toronto-Dominion Bank
-0.17%80.37
TGT-N
Target Corp
-0.7%165.34

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