The Globe and Mail reports in its Wednesday edition that a unit of Caisse de depot et placement du Quebec has agreed to buy Regina-based Information Services for $1.2-billion, being the sole final bidder for the company. The Globe's Sean Silcoff and Andrew Willis write that the Caisse-owned Plenary Americas is bidding $51 a share for ISC, a public data management provider. The last bidder emerged after concerns about job losses eliminated another suitor. ISC's stock was trading in the low $30s before its strategic review last September that led to the sale. Plenary Americas will keep ISC's Regina headquarters, and the company will operate independently of the Caisse unit's other portfolio investments. ISC is entitled to consider unsolicited proposals but would have to pay a $55-million break fee to Plenary if it opts out of the deal. Plenary would owe ISC a $66-million break fee if the transaction does not proceed. The government of Saskatchewan took ISC public in 2013 at $14 a share and retained 29 per cent of the stock, plus a "golden share" with special voting and veto powers. The province will retain that golden share along with enhancements introduced through recent amendments to a provincial act related to ISC.