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PRESS DIGEST-Canada - Sept. 23

Published 2020-09-23, 07:34 a/m
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Sept 23 (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

Montreal online payments company Nuvei Corp NVEI.TO has closed the largest technology initial public offering ever on the Toronto Stock Exchange, raising US$805-million in gross proceeds. https://tgam.ca/2Hjdu9m

Spirit AeroSystems Holdings Inc SPR.N is raising doubts about its $500-million planned takeover of Bombardier Inc 's BBDb.TO plane parts manufacturing businesses and says a separate deal to buy Belgium's Asco Industries is likely dead. https://tgam.ca/3iXntz0

Throughout the fall of 2018, senior Canadian officials held clandestine meetings with their counterparts from the Democratic People's Republic of Korea, which led to a 2019 plan for "enhanced diplomatic engagement" with Kim Jong-un's regime, according to documents obtained by The Globe and Mail via access to information requests. https://tgam.ca/3016ZPa

NATIONAL POST

Ford Motor (NYSE:F) Co F.N and Unifor have dodged a strike and reached a tentative agreement on a new labour contract, which the union says includes a commitment by the automaker to build electric vehicles in Canada with financial assistance from both the Ontario and federal governments. https:// Pipeline Ltd IPL.TO is selling most of its European oil storage business for C$715 million ($536.71 million) to pay for the growing cost of an under-construction petrochemical facility in Alberta. https:// = 1.3322 Canadian dollars)

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