TORONTO — Some of the most active companies traded Monday on the Toronto Stock Exchange:
Toronto Stock Exchange (20,571.30, down 50.09 points.)
Suncor Energy Inc. (TSX:SU). Energy. Down 88 cents, or 2.6 per cent, to $33.20 on 19.8 million shares.
Enbridge Inc. (TSX:ENB). Energy. Down 48 cents, or 0.9 per cent, to $50.87 on 19.5 million shares.
Bombardier Inc. (TSX:BBD.B). Industrials. Up seven cents, or 4.5 per cent, to $1.62 on 14.7 million shares.
Canadian Natural Resources (TSX:CNQ). Energy. Down $1.64, or 2.6 per cent, to $62.30 on 11.5 million shares.
Manulife Financial Corp. (TSX:MFC). Financials. Down 24 cents, or 0.9 per cent, to $25.04 on 11.1 million shares.
TC Energy Corp. (TSX:TRP). Energy. Down 72 cents, or 1.1 per cent, to $62.37 on 10 million shares.
Companies in the news:
Enerflex Ltd. (TSX:EFX). Down $1.28 or 16.2 per cent to $6.62. Enerflex Ltd. has signed an all-stock deal to buy U.S. company Exterran Corp. in an agreement that values the company at about US$735 million. Under the transaction, Enerflex will issue 1.021 of its shares for each Exterran share. The deal, which is expected to close in the second or third quarter of this year, requires approval by both Exterran and Enerflex shareholders as well as regulatory and other approvals. Upon closing of the deal, Enerflex shareholders will own 72.5 per cent of the combined company, while Exterran shareholders will hold 27.5 per cent. Enerflex is a supplier of natural gas compression, oil and gas processing, refrigeration systems, and electric power generation equipment. 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 per cent to $1.83. Freshii Inc. has announced a deal with 7-Eleven Canada to sell food in the chain's convenience stores across the country. Toronto-based Freshii says its Energii Bites snacks will be available in roughly 600 locations across Canada. Adam Corrin, chief operating officer of Freshii, says the strategic partnership makes snacking on the go healthy, affordable and convenient. He says 7-Eleven has a vast store network and incredible brand recognition that resonates with consumers. Norman Hower, vice-president and general manager of 7-Eleven Canada, says the partnership reflects the chain's ongoing pursuit of innovative ways to cater to a new generation of shoppers. He says the Freshii snacks will be available 24-7 in 7-Eleven stores and can also be delivered through its delivery service 7Now or on various marketplace apps. Freshii says customers can buy two packs of Energii Bites at the promotional price of $6 while supplies last or until March 1. The company says its partnership with 7-Eleven is open-ended.
This report by The Canadian Press was first published Jan. 24, 2022.
The Canadian Press
