Tuesday, July 3, 2007

Canadian Stocks May Rise on BCE, Aur Resources Takeovers; Telus May Gain

(Bloomberg) -- Canadian stocks may rise after BCE Inc.,
Canada's biggest phone company, was sold for C$34.2 billion ($32.1
billion) in the largest leveraged buyout.

Speculation that there will be more takeovers was stoked by
copper producer Aur Resources Inc.'s agreement to be bought by Teck
Cominco Ltd. for C$4.1 billion in cash and stock, to raise annual
copper output by 43 percent


Read more at Bloomberg Stocks News

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