The Province of Ontario earned more than it expected from its recent initial public offering of Hydro One on stock markets, bringing the total financial gain to public coffers for monetizing the power utility to $5 billion — and counting. Hydro One said Thursday said the deal’s underwriters exercised their right to sell more shares […]
Hydro One IPO
Hydro One IPO to offer 81 million shares at $19 to $21 each
The Ontario government plans to sell more than 81 million shares at a price of $19 to $21 a share in its public offering of Hydro One later this year. The first release of shares, for about 15 per cent of the company, would raise about $1.7 billion. A new prospectus was filed today for […]
