August 1, 2018 / 9:25 PM / a year ago

UPDATE 1-Canada's Enercare to be bought by Brookfield Infrastructure for C$4.3 bln

(Adds Breakingviews link)

Aug 1 (Reuters) - Canadian home services company Enercare Inc said on Wednesday it would be bought by Brookfield Infrastructure Partners for C$4.3 billion ($3.30 billion) as the asset management firm looks to expand across Canada.

Brookfield Infrastructure’s offer of C$29 per Enercare share represents a 53 percent premium to Enercare Tuesday’s close.

On Tuesday, Brookfield Infrastructure’s parent company, Brookfield Asset Management Inc, said it would buy Forest City Realty Trust Inc in a deal valued at $11.4 billion.

Reporting by Laharee Chatterjee in Bengaluru

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below