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Stock Market & Financial Investment News

News Breaks
May 1, 2014
06:14 EDTECAEncana seeks rto raise $860M in PrairieSky IPO, Globe and Mail reports
Encana is planning to spin out some assets into a company called PrairieSky Royalty, the Globe and Mail reports. The company plans to hold 75% of the new company and is seeking to raise over $860M in PrairieSky's IPO. Reference Link
News For ECA From The Last 14 Days
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September 9, 2014
07:08 EDTECAPeters & Co. Ltd to h old a conference
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07:02 EDTECAPrairieSky Royalty offers 70.2M common shares for Encana
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September 8, 2014
18:00 EDTECAEncana to liquidate stake in PrairieSky Royalty for C$2.6B, WSJ says
Encana is selling all of its 70.2M shares in PrairieSky Royalty for C$2.6B in a secondary offering, reports the Wall Street Journal. The shares are being offered at C$36.50 per share, the Journal adds. Reference Link

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