PRESS DIGEST-Canada - June 30
Theravance Biopharma Inc TBPH | 0.00 | |
Zymeworks Inc. ZYME | 0.00 |
June 30 (Reuters) - The following are the top stories from selected Canadian newspapers. Reuters has not verified these stories and does not vouch for their accuracy.
THE GLOBE AND MAIL
** Vancouver-based cancer drug-maker Zymeworks ZYME.O is acquiring Dublin-based Theravance Biopharma TBPH.O for a C$1.32 billion ($927.49 million) cash deal, marking the Canadian company's entry into the market of respiratory illness treatments.
** Alberta's proposal for a new oil pipeline to the West Coast will not be backed by any private-sector proponents, as the July 1 deadline to submit the proposal for fast-tracked federal consideration approaches.
NATIONAL POST
**Alberta will unveil the province's proposal for building a new million-barrel-a-day pipeline to the West Coast will be unveiled on Thursday, to diversify the country's export capacity to Asian markets in the face of tariffs from U.S. President Donald Trump.
($1 = 1.4232 Canadian dollars)
