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LS Power and Global Infrastructure Partners Jointly Propose Acquisition of TransAlta for C$39 per Share.

Publication: Investment Weekly News
Publication Date: 04-AUG-08
Format: Online
Delivery: Immediate Online Access

Article Excerpt
LS Power Equity Partners (LS Power) and Global Infrastructure Partners (GIP) announced that they have jointly made a proposal (see letter attached) to TransAlta Corporation (TSX:TA, NYSE:TAC) to acquire all outstanding TransAlta common stock for a price per share of C$39 in an all-cash transaction. The proposal represents a...

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