Added to YB: 2026-10-16
Pitch date: 2026-10-13
EMA.TO [neutral]
Emera Incorporated
+2.86%
current return
Author Info
No bio for this author
Company Info
Emera Incorporated, an energy and services company, invests in generation, transmission, and distribution of electricity in the United States, Canada, Barbados, and the Bahamas.
Market Cap
CAD 20.0B
Pitch Price
CAD 64.93
Price Target
N/A
Dividend
4.51%
EV/EBITDA
12.31
P/E
20.52
EV/Sales
4.82
Sector
Electric Utilities
Category
special_situation
KEDM Lite Vol. 32 - Emera Incorporated
EMA.TO (update): Emera plans to acquire Canadian Utilities from ATCO in a C$14 billion all-stock transaction, creating a large coast-to-coast utility in what would be the largest merger ever between two Canadian companies. ATCO will also spin off its remaining businesses, including housing and defense exposure, into an industrial-services company expected to be valued more appropriately stand-alone. Completion is not planned until H2 2027, leaving substantial time to assess the transaction.
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