Home » 2016 » July » 01

Daily Archives: Jul 1, 2016

Hydro One’s ‘showcase’ IPO offered investors a slice of stability in uncertain times

hydor.jpg

Launching an IPO seems risky in a downturn, however the Ontario government’s decision to list 15 percent of electrical utility Hydro One was embraced through the market like a stock that offered a slice of stability in uncertain times. Despite retaining 85 per cent from the company, the Ontario government pledged to punch below its investment weight and let the ...

Read More »