Aecon has announced it is working with Toronto-Dominion Bank and Bank of Montreal on the sales process. Trading of the company’s shares was temporarily halted Friday after the potential sale was announced. After rising more than 26 percent, its shares were up 24 percent to C$17.79 in Toronto, giving the company a market value of more than C$1 billion (USD$800 million). The company could attract interest from Chinese bidders, according to sources

Subscribe to our newsletter and get the latest news and business opportunities in your inbox

Aecon has announced it is working with Toronto-Dominion Bank and Bank of Montreal on the sales process. Trading of the company’s shares was temporarily halted Friday after the potential sale was annou...

Share this update

Content locked

In order to view this content, you must have a full subscription or a transactions subscription. You can check all the benefits of becoming a member and purchase a subscription on our membership page.