US Acquisition to Reduce Emera's Reliance on Coal

摘要

Canada's Emera has agreed to acquire Teco Energy, which owns regulated electricity and gas utility companies in Florida and New Mexico, in a deal with a total value of US$10.4 billion, including $3.9 billion in debt assumption. Emera, based in Halifax, Nova Scotia, said it will make an all - cash offer of $27.55 per share for Teco, which would represent a total cash value of about $6.4 billion.