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  5. AQN: Hi there, I’m a longtime holder of both these names. [Algonquin Power & Utilities Corp.]

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Q: Hi there,

I’m a longtime holder of both these names.

I understand AQN is a very large shareholder of AY. I read today that a sale of AY is maybe imminent. AY has been moving up last few days.

Please update this, I’d like to know details, the likely sale price/share range, and the effect on share prices of both company.

Thank you!
Asked by Robert on May 03, 2024
5i Research Answer:
AQN owns 42% of AY, worth US$1.044B at today's price. This compares with AQN current market cap...
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