June 13, 2013 / 8:08 PM / 4 years ago

CANADA STOCKS-TSX rallies on news of Safeway deal

1 Min Read

TORONTO, June 13 (Reuters) - Canada's main stock index
rebounded on Thursday after days of weakness as worries about
central bank stimulus were offset by a jump in Empire Co Ltd
, which is buying Safeway Inc's Canadian assets
for $5.7 billion. 
    The Toronto Stock Exchange's S&P/TSX composite index
 ended the day up 167.24 points, or 1.38 percent, at
12,277.13, recovering from a seven-week low early in the
session. All 10 of the index's subgroups were firmer.

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