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Canada floats new review rules for pipelines, other projects

Bloomberg The Canadian government is proposing consolidating environmental reviews under a single agency while adding a new approval step for proponents of pipelines and other major projects — in what it says is a bid to both strengthen and clarify environmental rules. The proposal would add a requirement for an “early engagement” phase for projects that the government says would ...

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Delivery Hero gains on first trading day in tech IPO success

Bloomberg Delivery Hero AG rose as much as 8.6 percent in its first day of trading, giving the Berlin-based takeout company a market capitalization of 4.7 billion euros ($5.3 billion) in a successful debut on the Frankfurt stock exchange. The food delivery broker, which connects customers and restaurants via its apps, rose as high as 27.70 euros after setting a ...

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Canada Pension Plan agrees to buy Parkway for $1.2bn

Bloomberg Canada Pension Plan Investment Board agreed to buy Parkway Inc., a real estate investment trust with properties in the Houston area, for $1.2 billion. The $23.05-a-share cash offer, which consists of $19.05 a share plus a $4 special dividend to be paid prior to the the deal’s completion, is about 13 percent more than Parkway’s closing price on June ...

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