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Fortis diversifies with $6.9-billion deal for US transmission company ITC
The Globe and Mail St. John's-based Fortis Inc. spooked skittish investors on Tuesday with a premium-priced, $6.9-billion (U.S.) deal for Michigan-based transmission company ITC Holdings Corp., which will greatly expand its exposure to the American electricity business … Canada's Fortis bulks up regulated power business with ITC buyReuters Fortis buying US utilityCastanet.net all 198 news articles » |
Source: Dutch Caribbean News Fortis diversifies with .9-billion deal for US transmission company ITC – The Globe and Mail
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