Market News / Story
Wajax, ATCO, Black Diamond at 52-Week Highs
BayStreet ·
BayStreet reports: ATCO LTD (T.ACO.X) Hit a new 52-Week High of $81.84. Emera and Canadian Utilities will combine in a merger of equals to form a Top 20 North American utility, with approximately $72 billion in combined enterprise value2, $45 billion in rate base3 and six million customers. In connection with the transaction, ATCO will spin off into a new publicly-traded industrial services leader made up of housing, defence and investments, including ports and retail energy. ATCO Chair and…