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Ontario to realize up to almost $2B in new sale of Hydro One shares

2016-04-06 02:30:24| Energy - Topix.net

The Ontario government is selling more shares of Hydro One Ltd. in a move that could raise almost $2 billion for the province. The government and the electricity transmission and distribution company say they have entered into an agreement with a syndicate of underwriters for the secondary offering on a bought deal basis of some 72.4 million shares.

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