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  5. INE: INE is being bought by the Quebec government. [Innergex Renewable Energy Inc.]
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Q: INE is being bought by the Quebec government. Should I sell my shares now or hold for a possibly higher share price? In a registered account, so no tax implications, and I don't want the investment to sit idle.
Thanks!
Asked by Grant on February 25, 2025
5i Research Answer:

We can't direct answers personally, but with 2.5% left on the table (to the cash offer price) we would be comfortable holding this for now. We think deal risk is extremely low and with the market a bit shaky we would be fine taking this plus dividends in the interim.