Nov 11, 2011
- Holly Fletcher
Fortis, the St. John, Newfoundland-based utility holding company, is scouting for acquisition opportunities of power and gas utilities in the U.S. About four months after its planned $700 million acquisition of Central Vermont Public Service was bested by a Gaz Métro offer, Fortis remains an active M&A seeker, Barry Perry, cfo, told PI. Perry declined to elaborate on any current targets or conversations.
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