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TransAlta Power gets friendly takeover from Hong Kong firm.

Publication: The Canadian Broadcasting Corporation (CBC)
Publication Date: 15-OCT-07
Format: Online
Delivery: Immediate Online Access
Full Article Title: TransAlta Power gets friendly takeover from Hong Kong firm.(Broadcast transcript)

Article Excerpt
Byline: CBC News

TransAlta Power LP said Monday it has agreed to be taken over by Cheung Kong Infrastructure Holdings Ltd., a company in the empire of billionaire Li Ka-shing.

The takeover is for $8.38 per unit, making it worth a total of about $629 million. The firms said...

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