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Get the latest stock market news and analysis from the ground of the New York Stock Exchange. Company has agreed to sell an aggregate complete of 1.03M shares of widespread inventory at a worth of $22 per share. The company will problem 3.45M common shares and Class A warrants to buy 1.73M common shares to the buyers. The issue price represents a 3.three% discount to the last shut of the corporate’s subordinate voting shares traded on the Canadian Securities Exchange as of Jan. 14, 2021.

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Read more from opinion The finest in-depth reporting from Asia and beyond. Calm has not returned to the high-yield marketplace as another huge developer runs into investor nervousness. Even as Beijing posts spectacular GDP figures, it’s a great distance from setting the direction for world coverage. Election battlelines are being drawn as the government considers a proposal that may force employees to decide on between superannuation and take-home pay.

  • Together along with his twin brother, Sir David constructed a business empire spanning motels, retail and newspapers.
  • Here’s how Australia’s economy will play in 2021 based on considered one of our top economists.
  • However, the inclusion of BP has been slammed for permitting the oil giant to proceed greenwashing environmental pledges, as they refuse to assist the Mauritius oil spill inquiry which centers around BP’s controversial ship gasoline.
  • Aussies are upbeat about the future of the financial system, with client sentiment