Fortis to acquire 100% stake in UNS Energy - MarketLine Financial Deals

Fortis to acquire 100% stake in UNS Energy

Fortis to acquire 100% stake in UNS Energy - MarketLine Financial Deals
Fortis to acquire 100% stake in UNS Energy
Published Dec 11, 2013
4 pages — Published Dec 11, 2013
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Abstract:

Fortis, Inc., a Canada-based gas and electric distribution utility company, has entered into an agreement and plan of merger to acquire all the outstanding shares of UNS Corporation, a US-based utility services holding company, for $60.25 per share in cash, representing an aggregate purchase price of approximately $4,300 million, including the assumption of approximately $1,800 million of debt.

  
Source:
Document ID
MA143810_131213
Country
Country
Ticker
FTS=CA
Ticker
UNS=US
Company
Format:
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MarketLine Financial Deals—MarketLine Financial Deals – Identifying and tracking major financial activity across our full scope of company and sector coverage, MarketLine Financial Deals covers mergers & acquisitions, private equity/venture capital backed buyouts, investments, and exits, IPOs and secondary and follow on offerings, and private placements and exits. Additional non-corporate financial deals including partnership agreements, joint ventures, co-development and research, licensing and co-marketing agreements are also available.

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MLA:
MarketLine Financial Deals. "Fortis to acquire 100% stake in UNS Energy" Dec 11, 2013. Alacra Store. Dec 05, 2016. <http://www.alacrastore.com/storecontent/MarketLine-Financial-Deals/Fortis-to-acquire-100-stake-in-UNS-Energy-2052-99476>
  
APA:
MarketLine Financial Deals. (2013). Fortis to acquire 100% stake in UNS Energy Dec 11, 2013. New York, NY: Alacra Store. Retrieved Dec 05, 2016 from <http://www.alacrastore.com/storecontent/MarketLine-Financial-Deals/Fortis-to-acquire-100-stake-in-UNS-Energy-2052-99476>
  
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