TORONTO – Some of the most active companies listed on the Toronto Stock Exchange on Monday:
Toronto Stock Exchange (20,281.46, up 55.35 points.)
Bombardier Inc. (TSX: BBD.B). Industrialists. Up 10 cents, or 7.52 percent, to $ 1.43 on 13.7 million shares.
The Toronto-Dominion Bank. (TSX: TD). Financial. Up 64 cents, or 0.74%, to $ 87.64 on five million shares.
Canadian Natural Resources (TSX: CNQ). Energy. Up 93 cents, or 2.07%, to $ 45.86 on four million shares.
Baytex Energy Corp. (TSX: BTE). Energy. Up 13 cents, or 5.31 percent, to $ 2.58 on 3.3 million shares.
Suncor Energy Inc. (TSX: SU). Energy. Up 80 cents, or 2.71 percent, to $ 30.28 on 3.2 million shares.
Crescent Point Energy Corp. (TSX: CPG). Energy. Up 11 cents, or two percent, to $ 5.61 on three million shares.
Companies in the news:
Saputo inc. (TSX: SAP). Up to seven cents at $ 37.31. Saputo Inc. has signed an agreement to purchase British cheese maker Wensleydale Dairy Products Ltd. for $ 39 million. The North of England Creamery operates two facilities in North Yorkshire and employs around 210 people who make a variety of specialty and regional cheeses. Wensleydale sources milk from 40 local farms and uses its own starter crops to make cheeses that it exports around the world. The deal is the latest in a series of strategic acquisitions by Montreal-based Saputo, one of the world’s largest dairy processors with major operations in Canada, Australia, Argentina, the United States and the United Kingdom. -United. In May, Saputo announced that it had acquired Bute Island Foods, a Scottish manufacturer, distributor and distributor of vegan cheese. He also announced an agreement to purchase the Reedsburg, Wisconsin, plant of Wisconsin Specialty Protein, which manufactures ingredients like goat whey, organic lactose and other dairy powders. The two agreements were part of a larger plan by the Montreal-based company to strengthen its holdings of non-dairy cheeses and value-added ingredients.
Brookfield Business Partners LP (TSX: BBU.UN). Up to $ 2.57 or 4.5 percent to $ 59.46. Brookfield Business Partners LP has signed an agreement to purchase DexKo Global Inc., a manufacturer of components for trailer, recreational vehicle and towable equipment suppliers, for US $ 3.4 billion. The company buys DexKo from KPS Capital Partners. Based in Michigan, DexKo has 50 production facilities and 50 distribution centers around the world. Brookfield Business Partners Managing Partner Mark Weinberg says DexKo is a market leader known for its quality and reliability. The transaction is subject to customary closing conditions, including regulatory approvals. It should close by the end of the year.
Exchange Income Corp. (TSX: EIF). Up to 78 cents or 1.9 percent at $ 41.17. Exchange Income Corp. says it signed an agreement to buy Carson Air Ltd. for $ 61 million in stock and cash. Under the deal with fixed-wing air ambulance service provider based in Kelowna, British Columbia, EIC will pay out $ 3 million in stock and $ 58 million in cash. Carson Air owns eight aircraft that provide air ambulance services in British Columbia from bases of operations in Kelowna and Vancouver. The company also provides cargo services in British Columbia and Alberta and operates a flight school. EIC also said it has signed agreements to buy three independent companies which it says will integrate and expand their business within its existing manufacturing and aviation business. The four deals have a combined purchase price of $ 114 million, including $ 102 million in cash and $ 12 million in shares.
This report by The Canadian Press was first published on July 5, 2021.
The Canadian Press