Eldorado Gold approaches Andean Resources with $3.4-billion merger proposal
VANCOUVER - Eldorado Gold Corp. (TSX:ELD) says it has approached Andean Resources Ltd. (TSX:AND) with a $3.4-billion merger proposal.
The Vancouver-based gold miner said Thursday it has offered to exchange each Andean share for 0.31 of an Eldorado share, valuing the company at $3.4 billion b...
Thursday , September 02, 2010
Most actively traded companies on the TSX, TSX Venture Exchange markets
TORONTO - Some of the most active companies traded Thursday on the Toronto Stock Exchange and the TSX Venture Exchange:
Toronto Stock Exchange (12,111.09 up 107.31 points):
Kinross Gold Corp. (TSX;K). Miner. Up up 34 cents, or 1.93 per cent, at $17.93 on 11,167,270 shares. Gold stocks were s...
Thursday , September 02, 2010
AIMCo approached to join bid for PotashCorp, but staying on sidelines for now
CALGARY - Alberta’s pension fund manager has been approached by state-owned wealth funds from China to possibly join a bid for fertilizer giant PotashCorp. (TSX:POT), but it said Thursday it intends to stay on the sidelines for now.
Alberta Investment Management Corp., or AIMCo, can’t justif...
Thursday , September 02, 2010
Better times ahead for Canada’s oil companies with expected $8.4B profit in 2010
CALGARY - A business think-tank sees rosier times ahead for Canadian oil producers, who are expected to reap $8.4-billion in profits this year as the world economy recovers from the recession and energy demand picks up.
"With the global recession giving way to economic recovery, demand for c...
Thursday , September 02, 2010
3G Capital to acquire Burger King for $24 per share, or US$3.26 billion
CHICAGO - Burger King Holdings Inc. (NYSE:BKC), America’s perennially No. 2 hamburger chain, said Thursday that it is selling itself to little-known private equity firm 3G Capital in a deal valued at $3.26 billion.
Its shares soared to an 18-month high.
Thursday’s $24-per-share tender offer ...
Thursday , September 02, 2010
