Brief: Algonquin Agrees To Path Forward On Kentucky Power Acquisition

Algonquin Power & Utilities

30/09/2022 14:16

Sept 30 (Reuters) - Algonquin Power & Utilities Corp
 AQN.TO :
    * ALGONQUIN AGREES TO PATH FORWARD ON KENTUCKY POWER
ACQUISITION
    * ALGONQUIN POWER & UTILITIES CORP - LIBERTY UTILITIES CO
AND
AMERICAN ELECTRIC POWER ENTERED INTO AMENDMENT TO STOCK PURCHASE
AGREEMENT
    * ALGONQUIN POWER & UTILITIES CORP - LIBERTY AGREED TO
PURCHASE
KENTUCKY POWER COMPANY AND AEP KENTUCKY TRANSMISSION COMPANY INC
    * ALGONQUIN POWER & UTILITIES CORP - REVISED PURCHASE PRICE
OF
$2.646 BILLION
    * ALGONQUIN POWER & UTILITIES CORP - AMENDMENT PROVIDES A
PATH TO
COMPLETE DEAL AT A REVISED PURCHASE PRICE OF $2.646 BILLION
    * ALGONQUIN POWER & UTILITIES CORP - PURCHASE PRICE INCLUDES
ASSUMPTION OF ABOUT $1.221 BILLION IN DEBT

Source text for Eikon:  ID:nPn6ztNzda 
Further company coverage:  AQN.TO 
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