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Canada's Aecon hires advisers to explore sale
August 25, 2017 / 6:02 PM / a month ago

Canada's Aecon hires advisers to explore sale

Aug 25 (Reuters) - Canadian construction company Aecon Group Inc said on Friday it was exploring selling itself, sending its shares up as much as 8.3 percent.

The company said it was working with BMO Capital Markets and TD Securities, adding there was no guarantee the process would result in any transaction or agreement.

The company had a market capitalization of about C$842 million ($675 million), according to Thomson Reuters data. ($1 = C$1.2477) (Reporting by Anirban Paul in Bengaluru; Editing by Anil D‘Silva)

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