CDPQ

Cascades Inc. is exercising its option to buy the 20.2% interest held by CDPQ in Greenpac Holding LLC, a lightweight containerboard mill in Niagara Falls, New York, for about $93 million. The deal is expected to close January 3, 2020, raising Cascades' stake to 86.3%.

French utility Suez and Caisse de dépôt et placement du Québec entered a binding agreement to purchase GE Water & Process Technologies from General Electric for an enterprise value of €3.2 billion.