CPP Investments buying stake in Sempra Infrastructure

TORONTO — The Canada Pension Plan Investment Board has signed a deal to buy a 13 per cent indirect equity interest in Sempra Infrastructure Partners from Sempra for about US$3 billion. Sempra Infrastructure develops, owns, and operates natural gas pipelines, power...

Parkland, Sunoco clear key U.S. regulatory hurdle for acquisition

CALGARY — Parkland Corp. and Sunoco LP say they have cleared a key U.S. antitrust hurdle in a US$9.1-billion deal that would see the U.S. fuel distribution giant buy the Calgary-based refiner and retailer. The two companies say the waiting period has expired under the...

Black Diamond Group buying Royal Camp Services for $165 million

CALGARY — Workforce housing company Black Diamond Group Ltd. has signed a deal to buy Royal Camp Services Ltd. for $165 million. Royal Camp offers remote accommodation and catering in Western Canada. Summit Camps, a wholly owned subsidiary, provides camp services in...