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Halifax, Nova Scotia-based Emera has agreed to acquire Calgary, Alberta-based Canadian Utilities in a deal that gives the combined company an enterprise value of about $72 billion and will about six million customers in Canada, the US and international markets. The companies say the merger will give the scale to help power Canada’s growth ambitions, while continuing to invest in and grow its operations across its jurisdictions, including in the high growth markets of Alberta and Florida.
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