The Darien, Connecticut-based company has started early-stage discussions with would-be suitors including Toronto, Canada-based Brookfield Asset Management (BAM) and other infrastructure-investment firms.
Shares rose 9% to $87.51 at 3:39 p.m. ET in New York on Monday.
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
Price: 88.04, Change: +7.76, Percent Change: +9.67
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