Barrick Gold Corp. investors including Canada’s six biggest pension fund managers criticized as excessive a $11.9 million signing bonus paid to John Thornton, co-chairman of the world’s biggest gold producer.
A Toronto-based investment banker will pay more than $340,000 to settle U.S. regulatory claims that he made illegal trades based on confidential information that U.K. firm Tomkins Plc was a target for an acquisition.
Silver Lake Management LLC, the private-equity firm partnered with Michael Dell in a bid to buy computer maker Dell Inc., garnered $10.3 billion for its latest fund after raising its limit to meet investor demand.
Intoll Group , the subject of a A$3.47 billion ($3.1 billion) bid from Canada Pension Plan Investment Board, expects to know within two weeks whether an agreement is possible after closing its books to the suitor.
Canada Pension Plan Investment Board offered A$3.47 billion ($3.1 billion) for Macquarie Group Ltd.- backed Intoll Group in its second attempt to buy an Australian toll-road operator in eight months. Intoll shares surged.
Intoll Group, an Australian toll-road operator, will probably extend the deadline for Canada Pension Plan Investment Board to make its conditional A$3.47 billion ($3.1 billion) takeover bid formal, Dow Jones reported, citing an unidentified person with knowledge of the matter.