Mergers & Acquisitions

Carbon emission projects to start amid significant austeritySuncor Energy Inc.

Convenience stores could use service to expand into fresh foodDoorDash is buying automated food prep company Chowbotics to expand its fresh meal offerings.San Francisco-based DoorDash announced the acquisition Monday.

Jeff Bezos, who founded Amazon and turned into an online shopping behemoth, is stepping down as the company's CEO, a role he's had for nearly 30 years.

PepsiCo and Beyond Meat are creating a joint venture to develop snacks and drinks made from plant-based proteins.

Oil and gas giant Shell is buying ubitricity, a major provider of electric vehicle charging points in Europe.Shell said Monday that it would buy a 100% stake in the Berlin-based startup, without disclosing the price."The move represents a further step in Shell's efforts to support drivers as they switch to lower-carbon transport,'' the company said.The deal, which is subject to regulatory approval, will give Shell ownership of the biggest public EV charging network in Britain with more than 2,700 charge points.Ubitricity also has smaller public networks in Germany and France, and has installed over 1,500 charge points for fleet customers across Europe.The company's focus has been to integrate charge points into existing street infrastructure such as lamp posts, to reduce the cost of laying new power lines down streets.Experts say easier access to charging facilities is key to the successful rollout of electric vehicles.Shell has said it wants to achieve net zero emissions by 2050 or sooner. 

Goal is to enhance customer offerings.

Mondelēz made a minority investment in Hu in  2019 through its innovations arm, SnackFutures.

When Krunal Patel saw the for-sale ad for a rural P.E.I.

Rabba Kitchen by Paramount will feature the best of both brands, says Rabba Fine Foods president Rick Rabba Rabba Fine Foods and Middle Eastern restaurant chain Paramount Fine Foods are creating a bespoke prepared food offering for the grocery chain’s newest store in Toronto’s Regent Park neighbourhood, set to open next year.

Parkland Corporation has announced it has entered into a series of transactions to acquire the assets of two U.S.-based fuel distributors.The company reported last week that it is working to acquire Story Distributing Company and its affiliates.