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BURBANK, Calif. - The Walt Disney Company says it will launch its Disney Plus streaming service in Canada in mid-November, taking on Netflix and other services as consumers increasingly drop traditional cable.
The California-based entertainment giant says Nov. 12 marks the global launch of the service, starting with the U.S., Canada, and the Netherlands.
TORONTO - The Catalyst Capital Group Inc. says it has acquired nearly 18.5 million shares in Hudson's Bay Co., a roughly a 10.05 per cent stake in the company, as a result of its tender offer.
The investment firm, which opposes a proposal to privatize the retailer, says it paid $187 million or $10.11 per share in cash for the stake.
TORONTO - Goldman Sachs' asset management-focused unit has taken a minority stake in Toronto-based alternative investment firm Slate Asset Management LP.
Slate announced a passive, non-voting minority equity investment from Goldman Sachs Asset Management's Petershill program, but did not disclose the financial terms.
VAUGHAN, Ont. - CannTrust Holdings Inc. says the Ontario government's cannabis retailer is returning all of the company's products it has because they do not conform with the terms of its master cannabis supply agreement.
The company says the total value of the products is about $2.9 million.