11-02-2016 22:27 via news.yahoo.com

Weaker Canadian dollar may trigger takeovers on TSX, hollowing out investor choice

By Fergal Smith TORONTO (Reuters) - Corporate Canada is on sale for foreign buyers after the Canadian dollar plunged, potentially triggering takeovers that hollow out investor choice in an already concentrated stock market, portfolio managers warned. A narrower pool of investment choices would reduce the opportunity to diversify, exposing Canadian investors to greater risk amid a highly volatile period for stock markets. U.S. home improvement retailer Lowe's Cos Inc agreed this month to buy Cana
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