je.st
news
Tag: teco
Safe 11% Annual Return With TECO Energy
2015-09-10 00:53:11| Energy - Topix.net
On September 4, 2015, Emera and TE announced a definitive deal for Emera to acquire TE for US$27.55 per share in cash. The deal is not conditioned on financing.
Tags: return
energy
safe
annual
Banks underwrite $1.9 billion for Emeraa s planned purchase of Teco Energy
2015-09-08 20:43:50| Energy - Topix.net
Emera Inc. has arranged to get at least $1.9 billion from a group of banks to help pay for the Nova Scotia company's purchase of Teco Energy Inc., a U.S. company with electric and gas utilities in Florida and New Mexico. The Teco Energy purchase - worth about US$10.4 billion including assumed debt - will extend Emera's presence to the southern states, including regional offices in Tampa, Fla., and Albuquerque, N.M. The Halifax-based company announced Friday that it has a deal to buy Teco for US$27.55 per share in cash, or about US$6.5 billion.
Tags: purchase
energy
planned
banks
Emera to buy Teco Energy for $10.4bn
2015-09-07 01:00:00| Hydrocarbons Technology
Canadian energy utility Emera has signed a definite agreement to acquire US based energy utility Teco Energy in a $10.4bn transaction aiming to increase it portfolio in the US.
Tags: buy
energy
teco
buy energy
Energy company Emera plans to buy Teco Energy for $6.48B
2015-09-05 13:49:21| Energy - Topix.net
Canadian energy and services company Emera said Friday it will buy Teco Energy, an electric and gas utility that does business in Florida and New Mexico, for about $6.48 billion. Emera Inc. said it will pay $27.55 per share of Teco Energy, a premium of about 31 percent over Friday's closing stock price.
Tags: company
buy
plans
energy
Energy company Emera plans to buy Teco Energy for $6.48B
2015-09-05 02:27:07| Energy - Topix.net
Canadian energy and services company Emera said Friday it will buy Teco Energy, an electric and gas utility that does business in Florida and New Mexico, for about $6.48 billion.
Tags: company
buy
plans
energy