# Avista shareholders approve sale to Hydro One for $5.3B

Avista Corp. shareholders approved the sale of the company to Canadian utility Hydro One Ltd. for $5.3 billion. The transaction is expected to close in August 2018, pending regulatory approvals.

- Type: Acquisition
- Announced: 2017-11-21
- Where: Spokane, Washington, United States
- Value: $5.30B
- Status: announced
- Products: electric utility services
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Avista Corp.](https://endata.com/companies/28303.md) (target)
- [Hydro One Ltd.](https://endata.com/companies/28304.md) (acquirer)

## Sources

- [spokesman.com](https://www.spokesman.com/stories/2017/nov/21/avista-shareholders-approve-utilitys-sale-to-canad/), 2017-11-21: "About 98 percent of shareholders voted in favor of the $5.3 billion transaction, which is expected to be finalized in August."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.