March 30, 2011 / 1:43 PM / in 7 years

CANADA STOCKS-TSX opens sharply higher, Valeant leads

 TORONTO, March 30 (Reuters) - Toronto’s main stock index was sharply higher in opening trade on Wednesday, led up by Valeant Pharmaceuticals International (VRX.TO), which made a takeover bid for Cephalon Inc CEPH.O.
 The Toronto Stock Exchange’s S&P/TSX composite index .GSPTSE was up 76.26 points at 14,006.61 shortly after the open.
 ($1=$0.97 Canadian)  (Reporting by Solarina Ho; editing by Peter Galloway)                                        

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