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Market movers: Stocks seeing action on Tuesday - and why

Market movers: Stocks that saw action on Tuesday - and why Bookmark Please log in to listen to this story. Also available in French and Mandarin. Log In Create Free Account Getting audio file . This translation has been automatically generated and has not been verified for accuracy. Full Disclaimer A roundup of some of the North American equities making moves in both directions today On the rise Calgary’s Tervita Corp. (TEV-T) in an all-stock deal valued at $478-million, the latest consolidation in the country’s oil sector. The deal, which will value the combined company at around $2.3-billion, comes as oil and gas companies seek to benefit from a recent run-up in crude oil prices while keeping a tight leash on costs.

Canada s Secure Energy to buy Tervita as oil deals speed up

By Reuters Staff 1 Min Read (Reuters) - Canada’s Secure Energy Services Inc said on Tuesday it would buy waste management services firm Tervita Corp in an all-stock deal valued at C$478 million ($379.5 million), the latest consolidation in the country’s oil sector. The deal, which will value the combined company at around C$2.3 billion, comes as oil and gas companies seek to benefit from a recent run-up in crude oil prices while keeping a tight leash on costs. Secure, which operates a network of crude processing and storage plants, oil and water pipeline and crude-by-rail terminals, said it will pay 1.2757 of its shares for each Tervita share held.

Secure Energy shares soar on $478M Tervita merger

Canada s Secure Energy to merge with Tervita in C$2 3 bln deal

Secure Energy shares soar on $478M friendly Tervita takeover

Secure Energy shares soar on $478M friendly Tervita takeover
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