BRIEF-Ten will issue 4 mln Series E preferred shares at a price to public of $25 per share
* Ten Ltd. announces pricing of its successful public offering of its series e fixed-to-floating rate cumulative redeemable perpetual preferred shares
MEXICO CITY, March 18 Mexico's Grupo Bimbo said on Tuesday that it had gained approval from Canada's competition regulator to buy Canada Bread Company for $1.66 billion, its latest in a string of North American takeovers.
The deal, which was announced in February, is still subject to the approval of the United States' Department of Justice and the Canadian Minister of Industry, Bimbo said, adding that it expects both in the second quarter.
Grupo Bimbo, one of the world's largest bread makers, has expanded its footprint in recent years, acquiring Sara Lee Corp's North American bakery business in 2010 and buying Hostess Brands' Beefsteak bread in 2013.
Shares in Bimbo were up 3.4 percent at 1850 GMT to 33.65 pesos after the announcement.
CALGARY, Alberta, March 29 ConocoPhillips on Wednesday agreed to sell oil sands and western Canadian natural gas assets to Cenovus Energy Inc for C$17.7 billion ($13.3 billion), making it the latest international oil major to pull back from the region.