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BRIEF — Emera And Canadian Utilities To Merge, Forming $72 Bln Enterprise Value Utility

Oct 6 (Reuters) — Emera Inc: Emera, Atco And Canadian Utilities Announce Transformational Agreement To Create Canadian Utility And Energy Infrastructure Powerhouse Emera -Co And Canadian Utilities To Merge, Forming $72 Billion Enterprise Value Utility Emera - Combined Company Plans $32 Billion Capital Plan Through 2030, Targets 7%-8% Rate Base Growth Emera - Shareholders To Own 60% Of Combined Co; Deal Accretive To Adjusted Eps First Year Emera - Scott Balfour To Serve As Ceo; Nancy Southern And Karen Sheriff As Co-chairs Emera - Canadian Utilities Shareholders To Own 40% Of Combined Co, Expect 20% Dividend Increase Emera - Deal Expected To Close In Q3 Or Q4 2027 Emera - To Buy All Canadian Utilities Shares Valued At $14.30 Billion Emera - Sentgraf Enters Voting Support Agreement To Vote Atco Shares In Favour Of Deal Emera - Atco Shareholders To Receive One New Atco Class I Or Ii Share Per Atco Share Held Emera - Atco Class I And Ii Shareholders To Receive 0.865x Emera Common Share Per Share Emera - Canadian Utilities Class B Shareholders To Receive 0.819x Emera Common Share Per Share Emera - Canadian Utilities Class A Shareholders To Receive 0.755x Emera Common Share Per Share.

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