Emera to Merge With Canadian Utilities in C$14.3 Billion Deal
Emera and Canadian Utilities have agreed to merge in an all-share deal valued at C$14.3 billion, creating a large Canadian utility company with a significant North American presence.
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Emera, ATCO, Canadian Utilities to combine in $72 billion Canadian utility deal
Emera and Canadian Utilities will merge in a deal creating a Top 20 North American utility with approximately $72 billion in enterprise value, $45 billion in rate base, and six million customers. ATCO will spin off its industrial services business into a new publicly-traded company.