TransAlta to buy to buy TransAlta Renewables for $1 bln

TransAlta

11/07/2023 12:11

July 11 (Reuters) - Electric utility TransAlta Corp
 TA.TO  will buy TransAlta Renewables Inc  RNW.TO  for C$1.38
billion ($1.04 billion) in a cash-and-stock deal, the company
said on Tuesday.

($1 = 1.3276 Canadian dollars)

 (Reporting by Arunima Kumar in Bengaluru; Editing by Sriraj
Kalluvila)
 ((Arunima.Kumar@thomsonreuters.com; Twitter: https://twitter.com/Aru_Kumar94
 ;))