Ovintiv agrees to acquire Logan Energy in deal including assumed debtUpdated Oct 27, 2026 7:00am ET MarketsThe S&P/TSX Composite finished yesterday at 35,944.16, up 155.98 points. Global shares were mixed as investors waited on central bank rate decisions, with a Fed decision in focus. In overnight trading, oil was at US$102.44, up 0.68, gold was at US$4,026.5, down 11.9, and the Canadian dollar was quoted at 0.71372 against the US dollar. On the corporate side, BCE said La Caisse will acquire a 49.9% stake in a Bell wireless tower infrastructure company, a sale reported at $2.45-billion that forms part of its debt reduction plan. Venture & CSEThe S&P/TSX Venture Composite finished yesterday at 825.28, up 4.33, and the CSE Composite at 137.55, up 1.00. In overnight trading, gold was at US$4,026.5 and silver at US$53.280, down 1.061. Zacatecas Silver (TSXV: ZAC) reported rock chip sampling from a reconnaissance program at its Cumaro gold-silver project in Sonora, Mexico, with gold assays of 40.6 g/t and silver of 253 g/t. FireFly said it has made a further high-grade copper-gold VMS discovery at its Green Bay project in Canada. Teck said its Highland Valley operation in British Columbia is running below full capacity because of a strike by workers. In M&A, Ovintiv agreed to buy Logan Energy in a $1.26-billion deal that includes assumed debt, according to news reports. Market data
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Oct 26, 2026 4:44pm ET Written by AI based upon public market data and company news releases, and checked automatically before publishing. Company statements are reported as the companies made them. Not investment advice. |