Swedish furniture giant IKEA through its subsidiary IKEA Canada has announced a CAD 400 million investment to ramp up its fulfillment capacities in the Greater Vancouver and Toronto Areas. The plan underscores IKEA’s commitment to enhancing the Canadian customer shopping experience, in line with their evolving purchasing habits, and its promise to support a better […]
Seadrill, a Bermuda-incorporated offshore drilling contractor, will acquire offshore rig owner Aquadrill in an all-stock transaction valued at an implied equity value of around $958 million. Post-closing, Seadrill stakeholders will own 62% and Aquadrill unitholders will hold 38% of the outstanding common shares in the combined entity. Aquadrill is a UK-based limited liability company that […]
