Hydro One Banks Sell Extra Shares, Lifting IPO to C$1.83 Billion

  • Electric utility now ranks as Canada's largest IPO since 2000
  • RBC, Scotiabank led Ontario government initial sale of utility

Hydro One Ltd. completed Canada’s largest initial public offering in 15 years after banks arranging the sale sold additional shares, lifting proceeds to C$1.83 billion ($1.38 billion) for the Ontario government.

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