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CU — Canadian Utilities News Story

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Press Digest: Canada - October 6

PRESS DIGEST-Canada - October 6

- The following are the top stories from selected Canadian newspapers. Reuters has not verified these stories and does not vouch for their accuracy.

THE GLOBE AND MAIL

**Emera EMA.TO said it would acquire Canadian Utilities CU.TO in an all-stock deal worth C$14.3 billion ($10.05 billion), creating one of Canada's largest utilities as power companies seek scale amid booming electricity demand.

**Heiress Eleanor McCain is ramping up her campaign for a lucrative exit from privately owned McCain Foods by calling a family meeting to discuss an initial public offering from the world’s largest frozen French fry maker.

**Canada plans to turn its Defence Investment Agency into a Crown corporation, three sources say – a transformation that will empower the organization and chief executive Doug Guzman with far more authority in terms of decision-making.

($1 = 1.4234 Canadian dollars)


(Compiled by Bengaluru newsroom)

((globalnewsmonitoring@thomsonreuters.com))

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