Company News

PRESS DIGEST- Canada- March 26

March 26 (Reuters) - The following are the top stories from selected Canadian newspapers. Reuters has not verified these stories and does not vouch for their accuracy.


** Chile's state miner Codelco has cancelled a major contract with SNC-Lavalin Group Inc, another potential blow for the Canadian engineering firm as it battles to move past legal issues tied to corruption allegations.

** TransAlta Corp has lined up Brookfield Renewable Partners LP for a C$750-million ($560.12 million) investment that aims to accelerate TransAlta's move to renewable power, return money to shareholders and satisfy impatient investors.

** Enmax Corp, the city of Calgary's municipal power utility, is buying Emera Inc's transmission and distribution operations in Maine for C$1.3-billion ($970.87 million), its first foray outside Canada.


** Newmont Mining Corp said on Monday it will pay its shareholders a "special" dividend if it completes its $10 billion acquisition of Vancouver-based Goldcorp Inc.

$1 = 1.3390 Canadian dollars Compiled by Bengaluru newsroom