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Utilities M&A image Utilities M&A » By The Online Investor Staff, updated Sun., Apr. 11, 8:17 AM Recent mergers and acquisitions in the Utilities M&A category.

Slide #30. Fortis UNS Energy Corporation

Acquirer: Fortis (FTS.CA)
Acquiree: UNS Energy Corporation (UNS)
Details: Shareholders of UNS Energy Corporation (NYSE:UNS) voted overwhelmingly today to approve the proposed acquisition of the company by a subsidiary of Fortis Inc. (TSX:FTS.CA).

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 »

Company Name: 
Fortis Inc
Website: 
www.fortisinc.com
Sector: 
Electric Utilities
Number of ETFs Holding FTS.CA: 
7
Total Market Value Held by ETFs: 
$41.31M
Total Market Capitalization: 
$7.66B
% of Market Cap. Held by ETFs: 
0.54%
Company Name: 
UNS Energy Corp
Website: 
www.uns.com
Sector: 
Electric Utilities
 

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