Deal-making activity in Canada's venture capital and private equity markets surged in 2014, driven by a spate of deals in the burgeoning tech start-up sector and large investments in oil and gas companies, data from Thomson Reuters showed on Tuesday. Private equity investments more than tripled from 2013 levels to C$32.2 billion ($25.62 billion) in 2014, while venture capital funding rose 21 percent to C$2.36 billion.The stunning jump in private equity investment was largely driven by U.S. fast food chain Burger King's C$12.64 billion takeover of Canadian coffee and donut chain Tim Hortons, a deal that created the world's third-largest fast food chain.That acquisition was backed by investments from billionaire investor Warren Buffett's Berkshire Hathaway and Burger King's majority investor 3G Capital.Calgary, Alberta-based Encana's sale of its Bighorn assets to Apollo Global-backed Jupiter Resources for C$2 billion and Lululemon Athletica founder Chip Wilson's sale of half his stake in the clothing company to private equity firm Advent International for C$864 million were among other marquee deals.
Berkshire Hathaway Inc. (Berkshire) is a holding company owning subsidiaries engaged in a number of diverse business activities. Shares of BRK-A traded higher by 0.51% or $1140.125/share to $225140.00. In the past year, the shares have traded as low as $168740.00 and as high as $229374.00. On average, 352 shares of BRK-A exchange hands on a given day and today's volume is recorded at 172.
Berkshire Hathaway Inc. (Berkshire) is a holding company owning subsidiaries engaged in a number of diverse business activities. Shares of BRK-B traded higher by 0.53% or $0.79/share to $149.92. In the past year, the shares have traded as low as $112.14 and as high as $152.94. On average, 3912600 shares of BRK-B exchange hands on a given day and today's volume is recorded at 2974517.
lululemon athletica inc. is a designer and retailer of technical athletic apparel operating primarily in North America and Australia. Shares of LULU traded higher by 0.5% or $0.325/share to $65.76. In the past year, the shares have traded as low as $36.26 and as high as $67.71. On average, 3100720 shares of LULU exchange hands on a given day and today's volume is recorded at 978307.
Thomson Reuters Corporation (Thomson Reuters) is a provider of information for the world?s businesses and professionals. Shares of TRI fell by 0.4% or $-0.16/share to $39.59. In the past year, the shares have traded as low as $33.21 and as high as $41.44. On average, 762005 shares of TRI exchange hands on a given day and today's volume is recorded at 945719.
Thomson Reuters Corporation (Thomson Reuters) is a provider of information for the world?s businesses and professionals. Shares of TRI traded higher by 0.42% or $0.21/share to $49.76. In the past year, the shares have traded as low as $36.86 and as high as $50.53. On average, 734014 shares of TRI.TO exchange hands on a given day and today's volume is recorded at 554724.
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