Canada unveils plans for new oil pipeline to break dependence on US
Project to supply Asia with 1mn barrels per day is part of push to reduce over-reliance on US amid trade hostilities
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Lockheed Martin in lead to buy naval tech group Ultra Maritime
Agreement for defence company could be announced as soon as early next week
Healthcare group owned by Ardian has its bank accounts seized
Creditors told of investigation into Santé Cie and subsidiaries over dealings with healthcare professionals
Sandwich chain Jersey Mike’s files for IPO as Blackstone eyes windfall
Private equity group targets valuation of up to $12bn for purveyor of cheesesteaks and cold-cut heroes
Apollo struggles to sell Hispanic grocer after US immigration raids hit sales
Investors and analysts say customers’ fear of Trump’s deportation campaign weakened the private equity-owned chain