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PRESS DIGEST- Canada - July 18

Published 2017-07-18, 08:09 a/m
© Reuters.  PRESS DIGEST- Canada - July 18
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July 18 (Reuters) - The following are the top stories from selected Canadian newspapers. Reuters has not verified these stories and does not vouch for their accuracy.

THE GLOBE AND MAIL

** Dominion Diamond Corp DDC.TO announced that it would be acquired by the Washington Cos for $1.2 billion, four months after a previous unsolicited $1.1 billion offer from the privately held American company prompted Dominion to put itself up for sale.https://tgam.ca/2vbyy76

** Toronto accounting and invoicing software startup FreshBooks has raised an additional C$54 million ($43 million) in venture capital from Canadian firm Georgian Partners, with participation from U.S. investors Accomplice and Oak Investment Partners. https://tgam.ca/2u43zcZ

** Local politicians in Kamloops, British Columbia, voted to oppose an Ajax copper-gold mine that would operate just outside of the city limits. https://tgam.ca/2tbww5A

NATIONAL POST

** A proposed class-action lawsuit seeking C$2 billion from Joe Fresh and Loblaw Cos Ltd L.TO over the collapse of a Bangladesh garment factory in 2013 has been rejected by an Ontario judge. = C$1.26)

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