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PRESS DIGEST- Canada - Sept 6
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PRESS DIGEST- Canada - Sept 6
Sep 6, 2024 8:45 AM

Sept 6 (Reuters) - The following are the top stories

from selected Canadian newspapers. Reuters has not verified

these stories and does not vouch for their accuracy.

THE GLOBE AND MAIL

- Japan's Seven & i Holdings ( SVNDF ) has rejected Canadian

firm Alimentation Couche-Tard's ( ANCTF ) $38.5 billion takeover

offer as the proposal undervalued the 7-Eleven operator and over

possible opposition from antitrust regulators.

- Texas-based McKesson Corp ( MCK ) said on Thursday that it

has sold its pharmacy chain, Rexall, that includes 385

brick-and-mortar pharmacies as well as the Well.ca e-commerce

site to Canadian private equity firm Birch Hill Equity Partners.

- Jeremy Broadhurst, a prominent senior Liberal for the past

two decades, has quit his post as campaign director for the

party, a day after the New Democratic Party ended its

co-operative agreement with the Liberal government.

- Canadian Finance Minister Chrystia Freeland has alleged

that three principal shareholders in Wealth One Bank of Canada

were vulnerable to coercion by China's ruling Communist Party

and may have engaged in money laundering as part of Beijing's

foreign-interference operations in Canada.

(Compiled by Bengaluru newsroom)

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