Canada Stocks: TSX opens lower as concerns over jump in COVID-19 infections weigh

Brookfield Business Partners LP

05/07/2021 14:47

July 5 (Reuters) - Canada's main stock index eased on Monday
as concerns over a rise in coronavirus infections globally led
investors hold back on trades, while Brookfield Business
Partners jumped after it announced the takeover of a U.S. based
car parts maker for $3.4 billion.
    Brookfield Business Partners LP  BBU_u.TO  rose 2% after it
said it would acquire U.S. car parts maker DexKo Global Inc from
private equity firm KPS Capital Partners LP for $3.4 billion.
 urn:newsml:reuters.com:*:nL3N2OH2FH
    * At 9:31 a.m. ET (13:31 GMT), the Toronto Stock Exchange's
S&P/TSX composite index  .GSPTSE  was down 13.86 points, or
0.07%, at 20,212.25.

 (Reporting by Shashank Nayar in Bengaluru, Editing by Franklin
Paul)
 ((Shashank.Nayar@thomsonreuters.com; within U.S. +1 646 223
8780; outside U.S. +91 80 6182 2256;))