Canada: Warren Buffett subsidiary buys top electricity firm (Competition Policy International)

A subsidiary of Warren Buffett has acquired one of the largest regulated energy transmission firms in Canada, according to reports.

AltaLink will be bought by Berkshire Hathaway Energy in a deal worth nearly $3 billion. Reports say the companies expect to close the dal by the end of the year.

The Montreal-based …read more

Source: Global Competition Law Blogs