June 3 (Reuters) - Algonquin Power & Utilities Corp AQN.TO :
* ALGONQUIN POWER & UTILITIES CORP. AGREES TO ACQUIRE BERMUDA ELECTRIC LIGHT COMPANY
* ALGONQUIN POWER & UTILITIES CORP - EQUITY ACQUISITION PRICE OF U.S. $365 MILLION
* ALGONQUIN POWER & UTILITIES CORP - EQUITY ACQUISITION PRICE OF U.S. $365 MILLION, EXPECTED TO BE IMMEDIATELY ACCRETIVE TO APUC'S 2020 EARNINGS PER SHARE
* ALGONQUIN POWER & UTILITIES CORP - DEAL EXPECTED TO BE IMMEDIATELY ACCRETIVE TO APUC'S 2020 EARNINGS PER SHARE
* ALGONQUIN POWER & UTILITIES CORP - PROPOSED DEAL FOR IMPLIED EXPECTED CLOSING NET ENTERPRISE VALUE OF U.S. $470 MILLION
* ALGONQUIN POWER & UTILITIES CORP - ASCENDANT'S SHAREHOLDERS WILL RECEIVE U.S. $36.00 PER COMMON SHARE
* ALGONQUIN POWER & UTILITIES CORP - ASCENDANT WILL MAINTAIN ITS HEADQUARTERS IN BERMUDA AFTER ACQUISITION.
* ALGONQUIN POWER & UTILITIES CORP - ACQUISITION OF BERMUDA ELECTRIC LIGHT COMPANY WILL BE IMMEDIATELY ACCRETIVE TO EARNINGS