Nuvei Considering U.S. IPO, OMERS Leads $ 100 Million Round for Ladder

Follow the money: here are the deals, financings and IPOs that caught our attention this week

Content of the article

Sun Life Financial Inc. has agreed to buy US dental provider DentaQuest for approximately US $ 2.48 billion. Canada’s largest employee benefits company becomes the second largest dental insurance provider in the United States, more than doubling its benefits revenues in that country.

Advertising

Content of the article

Toronto’s FreshBooks Dips Into Growth Strategy Fueled By Acquisitions Two Months After Startup Joined Canada’s Unicorn Ranks. The cloud-based accounting and invoicing software company acquires German accounting software provider FastBill for an undisclosed amount in order to expand into global markets and add new capabilities to its products and services.

Canadian auto-manufacturing giant Magna International Inc. lost in its bid on automotive technology company Veoneer Inc. after refusing to increase his offer. Based in californiaQualcomm Inc. and SSW Partners have agreed to buy Veoneer for $ 4.5 billion.

Nuvei Corp. plans to launch an IPO in the United States, more than a year after its listing on the Toronto Stock Exchange. The Montreal-based payments technology company said it would use the funds to pursue other growth strategies.

Advertising

Content of the article

OMERS Growth Equity, together with Thomvest Ventures of San Francisco, led a US $ 100 million fundraiser for digital life insurance company Ladder. The investment is OMERS Growth Equity’s first direct fintech investment and its first step into the insurtech space.

  1. Cineplex Inc. of Toronto is seeking $ 2.18 billion in damages from Cineworld Group PLC.

    Magnet Forensics completes first post-IPO acquisition, Cineplex sues Cineworld for abandoned buyout

  2. PayPal Holdings Inc. has announced that it will buy the Japanese back now and later pay the company Payy for $ 2.7 billion.

    Nexii becomes a unicorn, Clio takes back Lawyaw and another big BNPL buyout

  3. The Hopper app sifts through billions of quotes and finds and predicts the best deals on flights, hotels, and car rentals.

    Follow the money: From travel apps to air purifiers, post-pandemic deals are pouring in

Nventures, the enterprise venture capital division of National Bank of Canada, has supported data privacy solutions provider Duality Technologies in its US $ 30 million round of funding, led by LG Technology Ventures.

Advertising

Content of the article

Brookfield Asset Management Inc. has made a first-round offer for a potential multi-billion dollar stake in Saudi Aramco’s gas pipeline system, according to Bloomberg. In one of its largest energy divestments, Aramco is targeting US $ 15 billion for the stake in the pipeline.

One of Deutsche Bank AG’s top negotiators said the record-breaking race of global mergers and acquisitions could continue for years. Global transaction value ended the third quarter at $ 3.8 trillion, according to Bloomberg data, gaining ground from the annual record of $ 4.1 billion set in 2007.

• Email: [email protected] | Twitter:

_______________________________________________________________

If you like this story, sign up for the FP Finance newsletter.

_______________________________________________________________

Advertising

comments

Postmedia is committed to maintaining a lively but civil discussion forum and encourages all readers to share their views on our articles. Comments may take up to an hour of moderation before appearing on the site. We ask that you keep your comments relevant and respectful. We have enabled email notifications. You will now receive an email if you receive a reply to your comment, if there is an update to a comment thread that you follow, or if a user that you follow comments. Check out our community guidelines for more information and details on how to adjust your email settings.

Source link