Northvolt aims to list its shares in Sweden next year after previously guiding that an IPO could happen in 2024, according to a source trib.al/7sX31ps

Usman Nabi says he believed from the start that it would end this way — with his firm seizing control of Gildan Activewear as the company’s directors headed for the exits trib.al/EBtFrlg

The proxy battle at Gildan was one of the most hostile ever seen in Canada.

It ended tonight in a dramatic turnaround: a board resigning en masse and the victory of Browning West.

Our last of about 40 stories on this saga with Derek DeCloet and Thomas Seal.

bloomberg.com/news/articles/…

The board of $6 billion Montreal-based shirtmaker Gildan just resigned en masse

Activist investor Browning West claims victory, says it's appointing its own directors and reinstating former CEO Glenn Chamandy

Mathieu Dion
bloomberg.com/news/articles/…

The saga at Gildan is over. Browning West wins the battle. Glenn Chamandy comes back as CEO.

Some executives of clothing maker Gildan Activewear are now talking… and urging investors to support an activist shareholder that’s trying to win control of the board and reinstate fired CEO Glenn Chamandy.

bloomberg.com/news/articles/…

IBM will expand its Canadian semiconductor packaging and testing plant with more than C$1 billion ($730 million) in investments over the next five years. trib.al/avJI0vG

IBM will expand its Quebec semiconductor packaging and testing plant with more than $1 billion in investments over the next five years.

Bombardier dit passer à un nouveau chapitre avec sa nouvelle image de marque, un nouveau logo.

« Ça a été un moment pas facile » de vendre des actifs, a dit le PDG Éric Martel. « On eu un redressement à faire, et le redressement est presque terminé. »

Mouvement Desjardins wants out of Fiera Capital and to sell all its shares.

Here's what it could mean for the control of the Montreal-based asset manager:

bloomberg.com/news/articles/…

The ex-Goldman Sachs executive who’s taking over the chairman’s role at Gildan called for an end to the shareholder rebellion that has left the clothing company’s future in limbo.

“We need the egos and the drama-seekers to get away.”

Interview: bloomberg.com/news/articles/…

Doug Ford just confirmed this story, speaking at a conference this morning in Toronto: 'This week, we landed a new deal. It'll be the largest deal in Canadian history. It'll be double the size of Volkswagen. So stay tuned, I'll be announcing it this week.'

Bloomberg scoop: Canada is expected to announce a major new EV deal with Honda this week, including both battery and vehicle manufacturing bloomberg.com/news/articles/…

Les travailleurs d'Airbus à Mirabel rejettent une entente de principe qui incluait des augmentations salariales de 22% sur 5 ans.

Canada is at greater risk of losing its AAA credit rating than other top-rated countries if the government fails to show fiscal discipline, Royal Bank of Canada has warned on the eve of Finance Minister Chrystia Freeland’s new budget.

bloomberg.com/news/articles/…

“I think we’re going into a world where the back half of this year is likely to see a rate cut — maybe two — in these major developed economies like Europe, Canada and the United States,” CIBC’s CEO said. bloomberg.com/news/articles/…

For months before the internal turmoil spilled into public view, tension was building inside Gildan’s headquarters in Montreal.

Here's what happened:
bloomberg.com/news/articles/…

Au siège social de Gildan à Montréal, la tension était à sa comble l'automne dernier entre le CA et son PDG, qui a finalement été congédié.

Depuis, on assiste à une bataille de gouvernance rarement vue.

Et des milliards sont en jeu.

Ce qui s'est passé: bloomberg.com/news/articles/…