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Emera, Canadian Utilities Unveil C$72B Merger to Create Utility Powerhouse

Source: marketbeat.com

M&A & RestructuringInfrastructure & DefenseCompany Fundamentals
Emera, Canadian Utilities Unveil C$72B Merger to Create Utility Powerhouse

Emera and Canadian Utilities agreed to combine in a predominantly all-share transaction, which the companies said would create a top-20 North American utility and energy infrastructure business. The proposed combination has an enterprise value of about C$72 billion.

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