Utilities M&A » By The Online Investor Staff, updated Sun., Apr. 18, 3:50 AM
Recent mergers and acquisitions in the Utilities M&A category.
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Slide #23. Fortis — UNS Energy
Acquirer:
Fortis (FTS.CA)
Acquiree:
UNS Energy (UNS)
Details:
The Federal Energy Regulatory Commission has approved the proposed acquisition of UNS Energy Corporation (NYSE:UNS) by a subsidiary of Fortis Inc. (TSX:FTS.CA), finding that the transaction is consistent with the public interest.
Fortis is engaged in the regulated electric and gas utility holding company. Entities within the reporting segments that follow operate with substantial autonomy. Co.'s regulated utility businesses includes of ITC Investment Holdings Inc; UNS Energy Corporation; CH Energy Group Inc; FortisBC Energy Inc; FortisAlberta Inc.; FortisBC Inc; Newfoundland Power Inc.; Maritime Electric Company, Limited; FortisOntario Inc; Caribbean Utilities Company, Ltd; and FortisTCI Limited. Co. also holds equity investments in the Wataynikaneyap Power Limited Partnership and Belize Electricity Limited. Non-regulated energy infrastructure is consists of Aitken Creek and BECOL.
Preferreds: FTS.PRC.CA, FTS.PRE.CA, FTS.PRF.CA, FTS.PRG.CA, FTS.PRH.CA, FTS.PRJ.CA
Open the FTS.CA Page at The Online Investor »Fortis is engaged in the regulated electric and gas utility holding company. Entities within the reporting segments that follow operate with substantial autonomy. Co.'s regulated utility businesses includes of ITC Investment Holdings Inc; UNS Energy Corporation; CH Energy Group Inc; FortisBC Energy Inc; FortisAlberta Inc.; FortisBC Inc; Newfoundland Power Inc.; Maritime Electric Company, Limited; FortisOntario Inc; Caribbean Utilities Company, Ltd; and FortisTCI Limited. Co. also holds equity investments in the Wataynikaneyap Power Limited Partnership and Belize Electricity Limited. Non-regulated energy infrastructure is consists of Aitken Creek and BECOL.
Preferreds: FTS.PRC.CA, FTS.PRE.CA, FTS.PRF.CA, FTS.PRG.CA, FTS.PRH.CA, FTS.PRJ.CA
Open the UNS Page at The Online Investor »
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