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A Bay Street sign is seen in Toronto in this file photo.© Mark Blinch / Reuters

The Canada Pension Plan Investment Board said Wednesday that it had struck a deal to invest in a U.S.-based event operator and talent agency that represents a wide range of artists and sports stars. Story (Jacqueline Nelson) Story

Montreal-based Clementia Pharmaceuticals Inc. is looking to raise as much as $138-million (U.S.) in its initial public offering, the latest in a resurgence of stock offerings from Canadian companies. Story

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DAILY DEALS

Qatar Airways will not proceed with its proposed financial investment in American Airlines Group Inc, reversing an earlier decision to build a stake of up to 4.75 per cent in the U.S. carrier. Story

ELSEWHERE IN FINANCE

Foreign buyout firms chasing Canadian assets helped push private equity activity to a record high in the first half of 2017, and lawyers and fund managers say the trend is likely to continue through the rest of the year. Story

Wall Street banks are being invited by one of their key watchdogs to offer guidance for how to revise the Volcker Rule, one of the industry's least favorite regulations. Story

Societe Generale reported lower second-quarter profits on Wednesday, missing out on an equities trading surge that benefited rivals including BNP Paribas and Natixis. Story

Ed Waitzer: Financial services should be an essential force for good Story

MORE DEALS AND FINANCING

Blackstone has agreed to purchase a 32.4 per cent stake in the Rover Pipeline project from Energy Transfer Partners (ETP) for about $1.57-billion (U.S.) . Pitchbook

Betterez, Inc., a Seattle and Toronto based provider of reservations and ticketing management technology platform, has raised undisclosed amount in additional seed funding from JetBlue Technology Ventures, the venture capital subsidiary of JetBlue. Private Capital Journal

Smash.gg has raised $11-million (U.S.) to help local esports fans create their own tournaments. VentureBeat

What does your gut tell you? Apparently, much more than you think. Viome, a startup that does RNA analysis of all living organisms in the gut, today announced funding of $15-million (U.S.) to create unique molecular profiles for its customers by identifying and quantifying all the microorganisms that live in the gut. These include bacteria, viruses, yeast, mold, and fungus. VentureBeat

WHAT WE'RE READING

How the World's Biggest Buyout Deal Crashed and Burned: A decade after the financial crisis, veterans of the $48.5-billion (U.S.) leveraged buyout of Bell Canada trade war stories. Bloomberg

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