Press Digest: Canada-Aug 7

Perpetual Energy

07/08/2018 12:31

Aug 7 (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
    ** The largest shareholder of Aimia Inc  AIM.TO  has fired
back at Air Canada  AC.TO  and its three financial partners,
calling their recent takeover bid for the Aeroplan loyalty
program "blatantly inadequate" and arguing that the business is
worth between C$1 billion ($771 million) and C$2 billion. https://tgam.ca/2LVI6PP
    
    ** Sequoia Resources Corp's bankruptcy trustee,
PricewaterhouseCoopers is suing Perpetual Energy Inc  PMT.TO , a
company controlled by the wealthy Riddell family, in an
unprecedented attempt to have a two-year-old asset sale voided
on the grounds that Perpetual and its chief executive officer
knew the transaction would sink the buyer. https://tgam.ca/2M1sbzp
                
    ** Toronto-Dominion Bank  TD.TO  and the Toronto Blue Jays
are in the final stages of talks to expand a sponsorship deal
that would secure TD's status as the official bank of the
baseball club. https://tgam.ca/2LXbXqY
       

($1 = C$1.30)

 (Compiled by Bengaluru newsroom)
 ((globalnewsmonitoring@thomsonreuters.com))