12:06 PM EST - UE Waterheater Income Fund : a US private-equity investor has struck a $1.74 billion deal to acquire UE Waterheater Income Fund, a company that operates water heater and security businesses. Alinda Capital Partners LLC said Monday it had negotiated a deal to acquire the UE Waterheater fund for $23 per unit, about $7.29 above the company's stock price Monday. UE Waterheater Income Fund
units T.UWH.UN are trading up $6.79 at $22.50.
