Petrobank to buy remaining stake in Whitesands for $120 million (MSN Money Canada)

Petrobank to buy remaining stake in Whitesands for $120 million (MSN Money Canada)
CALGARY (CP) - Petrobank Energy and Resources Ltd. (TSX:PBG) announced Monday it plans to take full control of its subsidiary, Whitesands Insitu Ltd. Petrobank, which already owns 84 per cent of Whitesands, will buy all of the remaining shares from minority shareholders in a deal worth $120 million.

Kyrgyz protesters end roadblock to Canadian-operated gold mine (MSN Money Canada)

Kyrgyz protesters end roadblock to Canadian-operated gold mine (MSN Money Canada)
BISHKEK, Kyrgyzstan (AP) - A Canadian-controlled gold mining company said Monday it has negotiated the removal of a roadblock by protesters who had demanded the government’s share in a gold mine in a major Kyrgyz mine be increased.

Daimler clinches Chrysler sale to Cerberus: source (MSN Money Canada)

Daimler clinches Chrysler sale to Cerberus: source (MSN Money Canada)
FRANKFURT (Reuters) - DaimlerChrysler has clinched a deal to sell a majority stake in its struggling Chrysler Group division Cerberus Capital Management, a person familiar with the situation told Reuters on Monday.