Market News / Story
ACO.X: Utility scale-up pairs with a focused, debt-free industrial-services spin-off
Quartr ·
Quartr reports: The all-share merger combines Canadian Utilities and Emera, while housing, defence, and investment businesses move into a separate public listing. The spin-off is expected to start with more than CAD 700M in cash and no corporate debt. Based on ATCO Ltd. Class I [ACO.X] M&A announcement Audio Transcript — Oct. 6 2026 This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.