Great Plains Energy Inc
There was another merger in the utility space on May 31. Great Plains Energy agreed to buy Westar Energy. The total transaction is valued at $12.2 billion.
The price-to-book value ratios of Westar, Xcel, Ameren, Great Plains, and Alliant are 1.5x, 1.8x, 1.6x, 1.2x, and 1.9x, respectively.