April 2, 2018 / 2:24 PM / 8 months ago

CORRECTED-BUZZ-Transcontinental: gains on purchase of Coveris' U.S. business

(Corrects headline to show Co was buying, not selling, the U.S. business)

** Canadian printing company up ~6 pct, easing from a surge of as much as 16 pct

** Co to buy U.S. operations of Coveris Holdings S.A. for $1.32 bln using cash and debt

** Trade volumes slightly over 1x 30-DMA by 1400 GMT

** Stock now up 8.5 pct this year (Reporting by Ahmed Farhatha)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below