The Globe and Mail reports in its Tuesday edition that Dye & Durham soared $1.35 to close Monday in Toronto at $12.15 following news of a possible sale of non-core assets. The Globe's Sean Silcoff writes that before markets opened, Dye & Durham said it had hired Goldman Sachs and Canaccord Genuity Group to advise on a strategic process in which it could sell non-core assets, including its financial services infrastructure business. That unit commands high margins and a strong competitive position in its markets, with less cyclical revenue than the company's other businesses, BMO Capital analyst Thanos Moschopoulos wrote in a research note. He estimates the business generates about $60-million in annual operating earnings, or more than 20 per cent of the total amount, a figure the company does not break out. Mr. Moschopoulos said he would rather see companies known for expanding through acquisitions "get bigger, not smaller," but added given that Dye & Durham has been trading at a relatively low multiple of 6.5 times the ratio of enterprise value owing primarily to concerns over the company's debt levels, selling the financial infrastructure business "would be likely to unlock value."