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Canucks sign defenceman Jett Woo to one-year, two-way contract

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VANCOUVER – The Vancouver Canucks signed defenceman Jett Woo to a one-year, two-way contract on Sunday.

Woo had 31 points (seven goals, 24 assists) and 93 penalty minutes across 62 games in 2023-24 with Vancouver’s American Hockey League affiliate, the Abbotsford Canucks.

The 23-year-old’s assists and points totals were career highs, while his goal total tied his career-best mark.

In 200 career AHL games split between Abbotsford and the Utica Comets, Woo has 65 points (19 goals, 46 assists) and 242 penalty minutes.

The Winnipeg product has also appeared in eight career Calder Cup playoff games, all with Abbotsford.

The six-foot, 205-pound Woo was a second-round pick (37th overall) of the Canucks in the 2018 NHL draft.

This report by The Canadian Press was first published June 30, 2024.

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Cyprus displays once-looted antiquities dating back thousands of years

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NICOSIA, Cyprus (AP) — Cyprus on Monday put on display artifacts — some of them thousands of years old — that were returned after a Turkish art dealer looted them from the ethnically divided island nation decades ago.

Aydin Dikmen took the artifacts from the country’s breakaway north in the years after Cyprus’ split in 1974, when Turkey invaded following a coup mounted by supporters of union with Greece. The antiquities were kept in Germany after authorities there seized them in 1997, and protracted legal battles secured their repatriation in three batches, the last one this year.

Addressing the unveiling ceremony at Cyprus’ archaeological museum, President Nikos Christodoulides said the destruction of a country’s cultural heritage as evidenced in recent conflicts becomes a “deliberate campaign of cultural and religious cleansing that aims to eliminate identity.”

Among the 60 most recently returned artifacts put on display include jewelry from the Chalcolithic Period between 3500-1500 B.C. and Bronze Age bird-shaped idols.

Antiquities that Dikmen also looted but were returned years ago include 1,500-year-old mosaics of Saints Luke, Mark, Matthew and James. They are among the few examples of early Christian works to survive the Iconoclastic period in the 8th and 9th centuries when most such works were destroyed.

Cyprus’ authorities and the country’s Orthodox Church for decades have been hunting for the island’s looted antiquities and centuries-old relics from as many as 500 churches in open auctions and on the black market.

The museum’s antiquities curator, Eftychia Zachariou, told the ceremony that Cyprus in recent years has benefited from a shift in thinking among authorities in many countries who now opt to repatriate antiquities of dubious provenance.

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Bombardier opens new maintenance station at Farnborough, U.K. airport

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MONTREAL – Bombardier Inc. says it is opening a new European maintenance station located at the Farnborough, U.K. airport.

The new location is meant to provide light scheduled and unscheduled maintenance and support for grounded aircraft.

It brings Bombardier’s worldwide number of line maintenance stations to nine.

The Montreal-based maker of business jets also has service centres located in areas such as London, Berlin and Paris.

It says its mobile response teams around the world are all equipped to quickly support Bombardier Learjet, Challenger and Global business jets.

Paul Sislian, executive vice-president of aftermarket services and strategy for Bombardier, says the addition of the Farnborough station demonstrates the company’s commitment to providing more resources and increased flexibility to clients closer to their base of operations.

This report by The Canadian Press was first published July 22, 2024.

Companies in this story: (TSX:BBD.B)

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Sleep Country to be acquired by Fairfax Financial Holdings for $1.7 billion

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TORONTO – Sleep Country Canada Holdings Inc. says it has agreed to be sold to Fairfax Financial Holdings Limited for around $1.7 billion.

The deal would see a subsidiary of the financial holding company acquire all issued and outstanding common shares of Sleep Country for $35 per share.

The sale is expected to close in the fourth quarter of 2024, subject to court approval and other customary conditions. Once completed, Sleep Country says it will apply to have its common shares delisted from the Toronto Stock Exchange.

Sleep Country president and CEO Stewart Schaefer says the transaction “clearly demonstrates the value and strength of our brands and organization.”

The company’s co-founder Christine Magee, who chaired a special committee of independent directors that oversaw the negotiation, says the deal provides “certainty of significant and immediate value to shareholders.”

Prem Watsa, chairman and chief executive of Fairfax, says it looks forward to working with Schaefer and the entire Sleep Country team “to further develop this remarkable Canadian success story over the long term.”

This report by The Canadian Press was first published July 22, 2024.

Companies in this story: (TSX:ZZZ, TSX:FFH)

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