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TMX Group buys 21% stake in VettaFi Holdings for $234 million

TMX Group buys 21% stake in VettaFi Holdings for $234 million

TORONTO — TMX Group Ltd. has signed a deal to buy a 21 per cent stake in VettaFi Holdings LLC for $234 million. U.S.-based VettaFi is a privately owned data, analytics, indexing and digital distribution company.
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Management-led group makes takeover bid for Canaccord Genuity

Management-led group makes takeover bid for Canaccord Genuity

TORONTO — A management-led group of Canaccord Genuity Group Inc. employees has made a takeover bid for the company valued at $1.127 billion. The employee group is offering $11.25 per share for the financial services firm.
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Payment technology company Nuvei signs deal valued at US$1.3B to buy Paya

Payment technology company Nuvei signs deal valued at US$1.3B to buy Paya

MONTREAL — Payment technology company Nuvei Corp. has signed a deal to buy U.S. company Paya Holdings Inc. valued at US$1.3 billion. Under the agreement, Montreal-based Nuvei will pay US$9.75 per share in cash.
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Lululemon raises revenue guidance, but lowers expectations for gross margins

Lululemon raises revenue guidance, but lowers expectations for gross margins

VANCOUVER — Lululemon Athletica Inc. raised its revenue guidance for its fourth quarter, but lowered its expectations for its gross margins. The company, which keeps its books in U.S.
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Czech ex-Premier Babis acquitted in EU funds fraud case

Czech ex-Premier Babis acquitted in EU funds fraud case

PRAGUE (AP) — A Prague court on Monday acquitted former Prime Minister Andrej Babis of fraud charges in a $2 million case involving European Union subsidies.
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Homebuyers hope 'patience pays off' as prices drop, recession predictions loom

Homebuyers hope 'patience pays off' as prices drop, recession predictions loom

TORONTO — Andrew Hamilton and his wife bid farewell to their home in Toronto's Junction neighbourhood roughly a year and a half ago, when housing prices were soaring, but finding a new abode proved tricky.
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Five things to watch for in the Canadian business world in the coming week

Five things to watch for in the Canadian business world in the coming week

TORONTO — Five things to watch for in the Canadian business world in the coming week: Banking conference RBC Capital Markets hosts its Canadian bank CEO conference on Monday.
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'Three Amigos' gather this week in Mexico City to talk North American excellence

'Three Amigos' gather this week in Mexico City to talk North American excellence

WASHINGTON — Familiar North American irritants — U.S. protectionism, intransigence on continental trade, irregular migration — return to the fore this week as the so-called "Three Amigos" meet for a trilateral summit in Mexico City.
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Feds must enforce vaping penalties to protect kids: advocates

Feds must enforce vaping penalties to protect kids: advocates

OTTAWA — Advocates on both sides of the vaping debate say the government must do more to enforce penalties for selling vapes to kids after a review concluded no changes to the legislation were warranted.
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Cooler hiring and milder pay gains could aid inflation fight

Cooler hiring and milder pay gains could aid inflation fight

WASHINGTON (AP) — America’s employers added a solid 223,000 jobs in December, evidence that the economy remains healthy even as the Federal Reserve is rapidly raising interest rates to try to slow economic growth and the pace of hiring .
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