13 h. ago Parkland, activist investor Simpson Oil, nominate competing director slates

CALGARY — Parkland Corp. and its biggest shareholder have each proposed competing board slates as their dispute heats up ahead of the fuel refiner and retailer’s annual general meeting next month. Simpson Oil Ltd., the Cayman Islands-based firm that owns almost 20 per cent of Parkland’s shares, has named nine nominees it wants to see […]

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16 h. ago Parkland nominates 13 directors including three Simpson Oil nominees

CALGARY – Parkland Corp. is proposing a slate of 13 directors including three backed by dissident shareholder Simpson Oil Ltd. for election to its board at its annual meeting next month. The Calgary-based company says the nominees come as Simpson, which owns a 19.8 per cent stake in Parkland, proposes its own rival slate of […]

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16 h. ago Competing slate of directors nominated by Parkland and activist investor Simpson Oil

Parkland called Simpson’s board proposal an attempt to seize control of the company without paying a premium

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7 d. ago US sanctions 6 Chinese and Hong Kong officials, drawing backlash from the city’s government

HONG KONG (AP) — The United States sanctioned six Chinese and Hong Kong officials who it alleged were involved in “transnational repression” and acts that threaten to further erode the city’s autonomy, drawing condemnation from the territory’s government Tuesday. The six officials included Justice Secretary Paul Lam, security office director Dong Jingwei and police commissioner […]

Politics

1 week ago Global Water Announces Pricing of Public Offering of Common Stock

PHOENIX, March 26, 2025 (GLOBE NEWSWIRE) — Global Water Resources, Inc. (NASDAQ: GWRS), a pure-play water resource management company, today announced the pricing of an underwritten public offering of 2,800,000 shares of its common stock at a price to the public of $10.00 per share. Certain existing stockholders, including certain directors and/or their affiliates, have agreed […]

Economics

3 w. ago Parkland Corp. shareholder demands board shakeup as fuel refiner and retailer weighs sale

In announcing its strategic review on March 5, Parkland said it would invite Simpson Oil to rejoin its board and take part in a committee reviewing options to boost share price.

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3 w. ago Parkland shareholder demands board shakeup as fuel refiner and retailer weighs sale

CALGARY — A shareholder in Parkland Corp. is demanding a board shakeup at the Calgary-based fuel refiner and retailer. Engine Capital LP, which owns 2.5 per cent of Parkland’s shares, says the current board cannot be trusted to represent investors’ best interests. Engine, along with major shareholder Simpson Oil, had been calling on Parkland to […]

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