Here are the top reads on deals and financial services over the last 24 hours,
Gateway Casinos attempts IPO again, looks to list on NYSE: Canadian private equity firm Catalyst Capital Group Inc. is attempting again to take Gateway Casinos and Entertainment Ltd. public, as the fund manager faces pressure from some investors to deliver returns. The initial public offering, filed on Tuesday, is the latest development in Catalyst’s long saga to cash in on the casino company. Story (Tim Kiladze, for subscribers)
Fourth-gen Belzberg kin leads digital lunch money firm to success: Kim Vivian-Downs and Evelyn Eagle were school bookkeepers in Southern Ontario with a knack for automating time-consuming office tasks such as attendance management when they hit upon an idea for a business. That was 22 years ago. Now, their firm, KEV Group Inc., is poised to become North America’s largest provider of cash accounting management and online payments software for public schools following the acquisition of its North Carolina rival, Technology Resource Associates Inc., with more than 16,500 schools using its products. Story (Sean Silcoff, for subscribers)
The consumer case for open banking: Collectively, the fintech members of the Financial Data and Technology Association of North America provide approximately 3.5 million Canadians – about 15 per cent of the country’s adult population – with access to new, technology-powered financial tools that help them manage their finances. Despite an ambiguous regulatory environment that can sometimes lead to blockages and restrictions from their banks, these consumers and small businesses have voted with their smartphones in favour of financial technology. Guest Opinion (Steve Boms)
MORE DEALS NEWS
Lowe’s aims to sell Mexico stores amid restructuring effort: Lowe’s Cos. Inc. said on Tuesday it was looking to shed its retail operations in Mexico and two of its smaller U.S. businesses as the country’s second-biggest home-improvement chain strives to compete with rivals including Home Depot Inc. Story (for subscribers)
Media sector: Amazon Inc. and private equity firm Blackstone Group are bidding for Walt Disney Co’s 22 regional sports networks, including New York-focused Yes Network, CNBC reported on Tuesday, citing sources familiar with the matter. Story
The Streetwise newsletter is Tuesday to Saturday. If you’re reading this on the web, or if someone forwarded this e-mail to you, you can sign up for Streetwise and all Globe newsletters on our signup page.