Emera proposes $35-billion all-stock merger with Canadian Utilities and ATCO

Emera proposes $35-billion all-stock merger with Canadian Utilities and ATCO

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Emera has made a friendly all-stock offer to merge with Canadian Utilities and ATCO, aiming to create one of the 20 largest utilities in North America. This proposed $35-billion deal would significantly reshape the utility sector in Canada and beyond.

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PRISM scored this story 65/100 for interest.

Originally published by gnews