GIP and Canada's CPP near $5 bln deal for utility group Allete, FT reports
03/05/2024 01:13
May 2 (Reuters) - U.S. investment management company Global Infrastructure Partners and Canada's pension fund CPP Investments are nearing a deal to buy clean energy company Allete ALE.N for around $5 billion, the Financial Times reported on Thursday. (Reporting by Chandni Shah in Bengaluru; Editing by Rashmi Aich) ((Chandni.shah@thomsonreuters.com;))
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