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Emera to Buy Canadian Utilities in C$14.3 Billion Deal (EMA CN, CU CN)
Source: Bloomberg
M&A & RestructuringCompany FundamentalsInfrastructure & Defense
Emera Inc. will acquire ATCO-controlled Canadian Utilities Ltd. in an all-share transaction valued at approximately C$14.3 billion ($10 billion). The companies say the deal would be the largest merger between two Canadian companies.
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Overall Sentiment
neutral
Sentiment Score
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CU0.50
EMA0.60
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