NEW YORK, December 11, 2023--Global Atlantic Financial Group ("Global Atlantic"), a leading insurance company meeting the retirement and life insurance needs of individuals and institutions, today announced it has signed a $10 billion reinsurance agreement with Manulife Financial Corporation (NYSE: MFC).
Coastal GasLink, a Canadian natural gas pipeline partnership operated by TC Energy, is seeking C$1.2 billion ($737 million) from one of its main contractors for construction delays and may be liable for a similar amount if an arbitrator rules against it, court documents showed ahead of a hearing this month. Construction of C$14.5 billion Coastal GasLink (CGL), which TC began planning in 2012, finished in October at more than double its original budget. Private equity firm KKR & Co and Alberta pension manager AIMco jointly own 65% of the limited partnership and TC owns the remaining 35%.
(Bloomberg) -- Ajax Health has established a new medical technology company to develop a treatment for the most common heart rhythm disorder.Most Read from BloombergCarlyle’s Rubenstein Is in Talks to Acquire Baltimore OriolesElon Musk's SpaceX Valued at $175 Billion or More in Tender OfferHunter Biden Indicted in Tax Case as White House Woes MountHarvard, Penn Heads Walk Back Genocide Answers After BacklashWall Street’s AI Craze Drives Nasdaq 100 Up 1.5%: Markets WrapThe new company, Cortex, ha