Tuesday, April 17, 2007

UPDATE 2-KKR, pension funds in talks to take BCE private

(Reuters) - Shares of BCE jumped 6.6 percent, or C$2.39, to C$38.65 on the Toronto Stock Exchange soon after the market opened. The stock has leapt more than 25 percent since March 28.

BCE, which has a market value of about C$29.3 billion , has long been one of Canada most widely-held companies, and taking it private would amount to the country's biggest buyout.


Read more at Reuters.com Mergers News

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