White & Case Helps Fortis In $1.5B CH Energy Buy
Fortis, Canada’s largest investor-owned distribution utility, will assume $500 million in debt from CH Energy as part of the $65 per-share acquisition. The deal is expected to close within a year, Fortis said.
Poughkeepsie, N.Y.-based CH Energy owns Central Hudson Gas & Electric Corp., a regulated transmission and distribution utility with about 300,000 electric and 75,000 natural...
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