Report
Emera to acquire Canadian Utilities in $10 billion all-stock deal
Reuters reports the C$14.3 billion ($10.02 billion) deal would create one of Canada's largest utilities.
TLDR
Reuters reports Emera said it would acquire Canadian Utilities in an all-stock deal worth C$14.3 billion ($10.02 billion). The combination would create one of Canada's largest utilities as power companies seek scale amid booming electricity demand.
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