(Bloomberg) -- Canadian stocks rose for a sixth day,
led by material producers, after LionOre Mining International Ltd.
got a sweetened takeover offer and Alcan Inc. said it has held
talks with suitors other than Alcoa Inc.
``You're going to continue to see feverish M&A activity in the
commodity landscape,'' said Kyle McKay, who helps manage about $200
million at Leeward Hedge Funds Inc. in Toronto. ``It definitely
builds in a level of support.''
Read more at Bloomberg Stocks News
led by material producers, after LionOre Mining International Ltd.
got a sweetened takeover offer and Alcan Inc. said it has held
talks with suitors other than Alcoa Inc.
``You're going to continue to see feverish M&A activity in the
commodity landscape,'' said Kyle McKay, who helps manage about $200
million at Leeward Hedge Funds Inc. in Toronto. ``It definitely
builds in a level of support.''
Read more at Bloomberg Stocks News
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