Some of the most active companies traded Monday on the Toronto Stock Exchange:
Toronto Stock Exchange (16,103.51, up 7.44 points)
Pure Technologies Ltd. (TSX:PUR). Technology. Up $4.47, or 100.68 per cent, to $8.91 on 13.2 million shares. The Calgary-based water pipeline technology and inspection company says it has agreed to be sold for more than half a billion dollars to New York-based Xylem Inc.
Aurora Cannabis Inc. (TSX:ACB). Health care. Up 22 cents, or 3.10 per cent, to $7.31 on 9.7 million shares. Saskatoon-based medical marijuana producer CanniMed Therapeutics (TSX:CMED) (Down six cents, or 0.30 per cent, to $19.87 on 159,202 shares) is seeking regulatory action in both Saskatchewan and Ontario, the company’s latest push back against a hostile takeover attempt by Aurora Cannabis. CanniMed has applied to securities regulators in both provinces to have Aurora’s hostile offer be considered an “insider bid,” and be treated as such.
Valeant Pharmaceuticals International Inc. (TSX:VRX). Pharmaceutical. Up $1.09, or 4.30 per cent, to $26.45 on 4.7 million shares.
Canopy Growth Corp. (TSX:WEED). Health care. Up 49 cents, or 2.52 per cent, to $19.91 on 4.5 million shares.
Aphria Inc. (TSX:APH). Health care. Up 59 cents, or 4.38 per cent, to $14.06 on 3.9 million shares.
Fortune Minerals Ltd. (TSX:FT). Miner. Up one cent, or 3.70 per cent, to 28 cents on 3.8 million shares.
Companies reporting major news:
Onex Corp. (TSX:ONEX). Industrials. Up 53 cents, or 0.55 per cent, to $96.07 on 127,657 shares. The Toronto-based private equity company says it has agreed to acquire a U.S. company that manages hundreds of sports, entertainment and business venues including Soldier Field, home to the NFL’s Chicago Bears. Onex didn’t disclose how much it will pay for privately held SMG Holdings Inc., in partnership with its existing management team. The deal is expected to close in early 2018.
The Canadian Press