Q: I was wondering, Pat, about your thoughts on holding Aecon (ARE Toronto) since the government blocked its takeover by China’s CCCC Ltd. Thanks.

A: Aecon Group Inc., $18.79, symbol ARE on Toronto (Shares outstanding: 60.8 million; Market cap: $1.1 billion; www.aecon.com), is one of Canada’s largest construction companies. The firm and its predecessors helped to build Canadian landmarks such as the CN Tower, the St. Lawrence Seaway, the Halifax… Read More

SNC ponders spinoffs to cut debt burden

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SNC-LAVALIN GROUP INC. $27 (Toronto symbol SNC; Manufacturing & Industry sector; Shares o/s: 175.6 million; Market cap: $4.7 billion; Dividend yield: 1.5%; Takeover Target Rating: Medium; www.snclavalin.com) is a leading Canadian engineering and construction company that specializes in large-scale infrastructure… Read More

SNC ponders spinoffs to cut debt burden

SNC-LAVALIN GROUP INC. $27 (Toronto symbol SNC; Manufacturing & Industry sector; Shares o/s: 175.6 million; Market cap: $4.7 billion; Dividend yield: 1.5%; Takeover Target Rating: Medium; www.snclavalin.com) is a leading Canadian engineering and construction company that specializes in large-scale infrastructure projects such as roads, bridges, transit systems and… Read More