Allete (ALE) agreed to be acquired and taken private by a partnership led by Canada Pension Plan Investment Board and Global Infrastructure Partners, in a deal worth roughly $6.2 billion ...
Power producer Allete Inc. said Monday it agreed to go private for $67 a share in a deal valued at about $6.2 billion including debt with buyers Canada Pension Plan Investment Board and Global ...
Who’s going to pay for the massive transition away from fossil fuels? In the face of rising global temperatures, companies and governments around the world have for years made pledges to shift ...
Duluth -based Allete, owner of the state's second-largest electricity utility Minnesota Power, will go private once a $6.2 ...
(Adds CEO comments in paragraphs 4 and 5, and industry context in paragraphs 2 and 3) By Seher Dareen and David French May 6 (Reuters) - U.S. utility Allete said on Monday that it had agreed a ...
DULUTH — Allete, the parent company of Minnesota Power and Superior, Water, Light and Power, announced Monday the company has agreed to be acquired by a partnership between the Canada Pension ...
Allete (NYSE:ALE) +1.1% pre-market Monday after saying a partnership led by Canada Pension Plan Investment Board and Global Infrastructure Partners jointly agreed to acquire the energy company for ...
, opens new tab said on Monday that it had agreed a deal with investment firms Global Infrastructure Partners and CPP Investments to be taken private at a $6.2 billion valuation, inclusive of debt.