Canadian shares are likely to open mixed Monday morning, tracking the trend in commodity markets. Also, with no significant triggers to warrant any big moves, trading is likely to remain somewhat lackluster today.
In corporate news, Primo Water (PRMW.TO) and an affiliate of BlueTriton Brands have agreed for a merger in an all-stock transaction that will create a North American healthy hydration company. Upon closing, Primo Water shareholders and holders of incentive equity will own 43% of the fully diluted shares of the newly combined company with BlueTriton shareholders owning the remaining 57%.
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