TORONTO – Some of the most active companies traded on the Toronto Stock Exchange on Monday:
Toronto Stock Exchange (20,571.30, down 50.09 points.)
Suncor Energy Inc. (TSX: SU). Energy. Down 88 cents, or 2.6%, to $33.20 on 19.8 million shares.
Enbridge Inc. (TSX:ENB). Energy. Down 48 cents, or 0.9%, to $50.87 on 19.5 million shares.
Bombardier Inc. (TSX:BBD.B). Industrialists. Up seven cents, or 4.5%, to $1.62 on 14.7 million shares.
Canadian Natural Resources (TSX: CNQ). Energy. Down $1.64, or 2.6%, to $62.30 on 11.5 million shares.
Manulife Financial Corporation (TSX:MFC). Financial. Down 24 cents, or 0.9%, to $25.04 on 11.1 million shares.
TC Energy Corp. (TSX: TRP). Energy. Down 72 cents, or 1.1%, to $62.37 on 10 million shares.
Companies in the news:
Enerflex Ltd. (TSX:EFX). Down $1.28 or 16.2% at $6.62. enerflex ltd. signed an all-stock deal to buy U.S.-based Exterran Corp. in a deal that values the company at approximately US$735 million. As part of the transaction, Enerflex will issue 1.021 of its shares for each Exterran share. The transaction, which is expected to close in the second or third quarter of this year, requires Exterran and Enerflex shareholder approval as well as regulatory and other approvals. Upon closing of the transaction, Enerflex shareholders will own 72.5% of the combined company, while Exterran shareholders will own 27.5%. Enerflex is a supplier of natural gas compression, oil and gas processing, refrigeration and power generation systems. The company says the deal will strengthen its ability to serve customers in key natural gas, water and energy transition markets.
Freshii Inc. (TSX: FRII). Up two cents or 1.1 percent to $1.83. Freshii Inc. announced an agreement with 7-Eleven Canada to sell food in convenience store chains across the country. Toronto-based Freshii says its Energii Bites snacks will be available in about 600 locations across Canada. Adam Corrin, COO of Freshii, says the strategic partnership makes on-the-go snacking healthy, affordable and convenient. He says 7-Eleven has an extensive network of stores and incredible brand recognition that resonates with consumers. Norman Hower, vice president and general manager of 7-Eleven Canada, says the partnership reflects the chains’ continued search for innovative ways to meet the needs of a new generation of shoppers. It says Freshii snacks will be available 24/7 at 7-Eleven stores and can also be delivered through its 7Now delivery service or various marketplace apps. Freshii says customers can purchase two packs of Energii Bites for the promotional price of $6 while supplies last or until March 1. The company says its partnership with 7-Eleven is indefinite.
This report from The Canadian Press was first published on January 24, 2022.
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