March 25, 2019 / 10:58 AM / a year ago

PRESS DIGEST- Canada- March 25

March 25 (Reuters) - The following are the top stories from selected Canadian newspapers. Reuters has not verified these stories and does not vouch for their accuracy.


** A private equity-led consortium agreed to buy British satellite operator Inmarsat PLC for about $3.4 billion in cash. The consortium includes UK-based Apax Partners, U.S.-based Warburg Pincus and Canada Pension Plan Investment Board (CPPIB) and Ontario Teachers' Pension Plan Board.

** One of Canada's top funders of early-stage tech companies, the Ontario Municipal Employees Retirement System (OMERS), is expanding its venture capital business into Europe with the launch of a new 300 million euros ($339 million) fund.

** Some of Canada's leading urban-technology companies want to team up with policy-makers to develop clearer rules around data collection and its use in cities, as a Toronto project led by Alphabet Inc subsidiary Sidewalk Labs shines a global spotlight on the country.


** Canada's space agency says it still has confidence in the rocket selected to launch the country's premier satellite system in late May even though the Pentagon is now investigating whether the spacecraft was properly certified.

$1 = 0.88 euros Compiled by Bengaluru newsroom

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