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Canadian Utilities, Emera Strike C$72B Utility Merger Deal

Source: marketbeat.com

M&A & RestructuringEnergy Markets & PricesCompany Fundamentals
Canadian Utilities, Emera Strike C$72B Utility Merger Deal

Emera and Canadian Utilities (TSX: CU) agreed to combine in a predominantly all-share transaction. The companies said the deal would create a Canadian-headquartered, top-20 North American regulated utility and energy infrastructure company; no transaction value or other terms were provided.

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Market Sentiment

Overall Sentiment

mildly positive

Sentiment Score

0.20

Ticker Sentiment

CU0.70
EMA0.70

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