From Financialpost · · 50s
Energy merger forms $72bn Canadian power giant
Emera and ATCO merge to create North America's largest electric utility.
In brief
Emera and ATCO merge to create North America's largest electric utility. Emera and ATCO will combine to form one of North America's largest electric utilities worth $72 billion. Originally reported by Financialpost.
Emera and ATCO merger
Halifax-based Emera and Canadian Utilities, a subsidiary of Calgary-headquartered ATCO, plan to combine into one of North America's largest electric utilities.
Power company deal size
The merger creates a $72 billion power behemoth for Canada's energy sector.
Canadian dollar outlook
Karl Schamotta, chief market strategist at Corpay, talks about forces driving currency markets and how the Canadian dollar is standing up to the greenback.
Retailer holiday spending
Bruce Winder retail analyst says holiday shopping season will be challenging for retailers due to fragile consumer spending.
What matters most
Emera and ATCO will combine to form one of North America's largest electric utilities worth $72 billion.
